Paras Defence Board Approves Audited FY26 Results, Recommends ₹1 Final Dividend
Paras Defence approved audited standalone and consolidated financial results for FY26. The company recommended a final dividend of ₹1 per equity share. M/s S M L and Co. LLP and M/s Dinesh Jain & Company were re-appointed as Internal and Cost Auditors, respectively, for FY27. The trading window will reopen soon.
The recommendation of a final dividend and the approval of financial results are material events for shareholders, impacting the company's financial communication and shareholder returns.
The company reported audited financial results and recommended a final dividend, which are positive developments.
Paras Defence and Space Technologies Limited announced the outcome of its Board Meeting held on May 13, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2026, along with the Statutory Auditors' Report which had an unmodified opinion.
The Board has recommended a Final Dividend of ₹1 per equity share of ₹5 face value for the Financial Year ended March 31, 2026. The details regarding the Annual General Meeting (AGM), record date for the dividend, and payment date will be communicated in due course.
Furthermore, the company approved the re-appointment of M/s S M L and Co. LLP as the Internal Auditor and M/s Dinesh Jain & Company as the Cost Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee.
The trading window for dealing in the securities of the Company will open for Designated Persons and their immediate relatives 48 hours after the dissemination of this announcement.
The meeting commenced at 12:00 noon and concluded at 2:25 p.m.
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Paras Defence and Space Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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