India, Nov. 11 -- Paras Defence and Space Technologies Limited has received an order worth approximately Rs 35.68 crore (including GST) from the Ministry of Defence, Government of India, for the supply of Portable Counter-Drone Systems (PCDS), also known as Anti-Drone systems.
The order, placed by a domestic government entity, is expected to be executed by May 2026. According to the company's exchange filing, the contract does not fall under related party transactions, and neither the promoters nor their group companies hold any interest in the awarding entity.
This order reinforces Paras Defence's position as a key player in India's defence technology sector, contributing to the nation's efforts in strengthening counter-drone capabilitie...