StockWatch
·
Aerospace & Defense
Board Meeting7 Aug 2026, 03:06 pm

Paras Defence Declares Q1 FY27 Unaudited Financial Results

AI Summary

Paras Defence and Space Technologies Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the notice for the 17th Annual General Meeting (AGM) scheduled for September 11, 2026, and the Board of Directors' Report for FY26. Additionally, the company fixed August 28, 2026, as the record date for a proposed final dividend of ₹1 per equity share (20%), subject to shareholder approval at the AGM. The Board also approved material related party transactions and the divestment of its 47.50% stake in Associate Company, Krasny Paras Defence Technologies Private Limited.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 declared.
  • AGM scheduled for September 11, 2026, to approve FY26 report and dividend.
  • Record date for ₹1 per share dividend set as August 28, 2026.
  • Approval for material related party transactions granted.
  • Divestment of 47.50% stake in Krasny Paras Defence Technologies approved.