Paras Defence and Space Technologies Limited — Board Meeting, 08-02-2025: Outcome of Board Meeting

The Board of Directors of Paras Defence and Space Technologies Limited has convened a meeting, during which they approved the unaudited standalone and consolidated financial results for the quarter and half-year ended December 31, 2024. Total income was reported at ₹84.61 crore, with a profit for the period of ₹16.57 crore. The board also approved the re-appointment of Dr. Hina Amol Gokhale as a Non-Executive Woman Independent Director for a second term of five years starting April 1, 2025, and outlined plans for a postal ballot to seek shareholder approval for this appointment. Additionally, the board endorsed investments in Logic Fruit Technologies Private Limited and the divestment of Paras Green UAV Private Limited.