Paras Defence and Space Technologies Ltd. (Paras Defence) has announced that it has received a significant order from Bharat Electronics Ltd. (BEL) valued at approximately ₹45.32 crore, inclusive of taxes.
The contract involves the supply of Signal and Data Processing Systems and Multi-Sensor Fusion Systems, which will be deployed as part of air defence applications.
According to the company’s exchange filing, the order is to be executed over 29 months or earlier.
Order highlights
-
Client: Bharat Electronics Ltd. (BEL)
-
Order value: ₹45.32 crore (including taxes)
-
Nature: Supply of Signal & Data Processing Systems and Multi-Sensor Fusion Systems
-
Application: Air Defence
-
Execution timeline: 29 months or earlier
-
Promoter interest: None reported
This order adds to Paras Defence’s growing portfolio in the strategic defence and aerospace sector, underlining its position as a key supplier of advanced defence technologies.
Shares of Paras Defence are expected to be in focus following the announcement.
