Deals20 May 2025, 03:24 pm
Paras Defence and Space Technologies Ltd: Insider Trading Disclosures under SEBI Regulations
AI Summary
Paras Defence and Space Technologies Ltd. has received intimations from promoters, promoter group, directors, and designated persons regarding the sale/disposal of equity shares to global and domestic marquee funds. The disclosures were made in connection with the sale of a total of 14,51,943 shares by the aforementioned persons. The company has submitted the disclosure as required under Regulation 7(2) of the SEBI (PIT) Regulations, 2015.
Key Highlights
- Paras Defence and Space Technologies Ltd. received disclosures from promoters, promoter group, directors, and designated persons regarding the sale of equity shares.
- A total of 14,51,943 shares were sold to global and domestic marquee funds.
- The disclosures were made in accordance with Regulation 7(2) of the SEBI (PIT) Regulations, 2015.
- The shares were sold by Mr. Sharad Virji Shah, Mr. Anish Hemant Mehta, Mrs. Kaajal Harsh Bhansali, Mrs. Shilpa Amit Mahajan, and Mr. Amit Navin Mahajan.
- The sale of shares occurred on May 19, 2025.