Paras Defence holds 17th AGM on Sep 11, 2026, approves dividend & RPTs
Paras Defence held its 17th AGM on September 11, 2026. The meeting approved the financial statements for FY 2025-26, declared a dividend, and ratified auditor remuneration. It also approved material related party transactions with associate and subsidiary companies. Mr. Munjal Sharad Shah chaired the meeting.
The AGM covered several important corporate actions including dividend declaration and approval of related party transactions, which can have a financial and operational impact on the company.
The announcement is a summary of proceedings of the Annual General Meeting, which is a routine corporate event. While it mentions dividend approval and related party transactions, there are no significant positive or negative financial disclosures or strategic shifts highlighted.
Paras Defence and Space Technologies Limited held its 17th Annual General Meeting (AGM) on Friday, September 11, 2026, commencing at 12:30 p.m. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting concluded at 1:34 p.m. IST.
During the AGM, six ordinary resolutions were transacted. These included the adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, the declaration of a dividend for the Financial Year ended March 31, 2026, and the re-appointment of Mrs. Shilpa Amit Mahajan, who retires by rotation. Additionally, special businesses involved the ratification of remuneration for Cost Auditors for FY 2026-27 and the approval of Material Related Party Transactions with Controp-Paras Technologies Private Limited (Associate Company) and Paras Anti-Drone Technologies Private Limited (Subsidiary Company).
Due to Mr. Sharad Virji Shah's inability to attend, Mr. Munjal Sharad Shah, Managing Director, was unanimously elected as the Chairman for the meeting. However, for Agenda Item No. 6 concerning a related party transaction with Paras Anti-Drone Technologies Private Limited, in which Mr. Munjal Shah was interested, Dr. Hina Gokhale, an Independent Director, chaired the proceedings. Mr. Munjal Shah resumed the chair after this item was addressed.
The company provided members with the opportunity to vote through remote e-voting and during the AGM via an electronic platform. The Scrutinizer is expected to submit their report within 48 hours of the AGM's conclusion, after which the voting results and the Scrutinizer's report will be announced on the company's website and intimated to the stock exchanges. The meeting was conducted in compliance with the Companies Act, 2013, and SEBI regulations.
What to do with a filing like this
Paras Defence and Space Technologies Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Paras Defence and Space Technologies Limited. Read the original for the full detail.