Mumbai, Feb. 20 -- Himanshi Thermal is engaged in the business of manufacturing fabricated metal products (excluding machinery and equipment). It also specializes in the manufacturing of liquid cold plates for space and airborne applications and provides vacuum heat treatment services. The reported a turnover of Rs 2,15,740 in FY25.

The company has acquired 4,900 shares of Himashi Thermal with a face value of Rs 10 each, aggregating to Rs 49,000. Following the acquisition, Himanshi Thermal has become an associate of the company.

The said acquisition is expected to open new growth avenues and business opportunities for both organizations at group level, fostering a mutually advantageous partnership.

Paras Defence and Space Technologies ...