Acquisitions19 Feb 2026, 04:33 pm
Paras Defence Acquires 49% Stake in Himanshi Thermal for Rs. 49,000
AI Summary
Paras Defence and Space Technologies Ltd. has completed the acquisition of 49% equity share capital of Himanshi Thermal Solutions Private Limited from DefSpace Technologies Private Limited. The acquisition aligns with the Company’s strategic objective of expansion and is expected to create new growth avenues and business opportunities for both organizations. Himanshi Thermal is engaged in the business of manufacturing fabricated metal products, liquid cold plates for space and airborne applications, and vacuum heat treatment services. It caters to industries requiring precision-engineered metal components and thermal management solutions, including aerospace and high-technology sectors.
Key Highlights
- Paras Defence has acquired 49% equity shares of Himanshi Thermal for Rs. 49,000
- The acquisition is expected to create new growth avenues and business opportunities
- Himanshi Thermal specializes in manufacturing liquid cold plates for space and airborne applications and provides vacuum heat treatment services
- Himanshi Thermal caters to industries requiring precision-engineered metal components and thermal management solutions
- The acquisition aligns with Paras Defence's strategic objective of expansion