Paras Defence Bags ₹3.95 Crore Ministry of Defence Order to Supply Anti-Drone Systems

Paras Defence and Space Technologies Ltd won a ₹3.95 crore order from the Ministry of Defence to supply advanced Anti-Drone Systems with RF jammers by May 2026.

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Paras Defence Anti-Drone Systems Order: Paras Defence and Space Technologies Ltd has received a new order from the Ministry of Defence, Government of India, through its subsidiary company Paras Anti-Drone Technologies Pvt Ltd. The deal is worth about ₹3.95 crore including GST. The company will supply special Anti-Drone Systems that come with Radio Frequency (RF) jammers to help stop and control drones.

The project will be finished by May 2026. The company said this order is not a related-party deal, and neither the promoters nor the company have any personal interest in the department giving the order. This means the project was given only on merit and technical ability.

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Company Background

Paras Defence and Space Technologies Ltd is a company from Navi Mumbai. It works on designing and making advanced defence and space engineering products. The company builds systems used in both aerospace and defence sectors. It also focuses on defence electronics and electro-optical systems. Paras Defence trades its shares on both NSE and BSE.

The company has several smaller subsidiaries that work in different parts of the defence and space industry.The company has become known for developing strong and reliable defence products. Its work supports India’s goal of becoming self-reliant in defence technology. The company said that the new Anti-Drone System order will help it grow in the field of electronic warfare and security equipment.

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Stock Market Performance

On November 10, 2025, the stock of Paras Defence closed at ₹690, which was up 1.98% from the last closing price of ₹676.60. During the day, the stock went up to ₹702.90 and went down to ₹676.00.

The total traded value on that day was ₹33.05 crore. The company’s total market capitalization now stands at ₹5,556.50 crore. Paras Defence is part of the Nifty Microcap 250 index and belongs to the Aerospace and Defence sector.