Paras Defence and Space Technologies Limited (PARAS) — Board Meeting | 22 August 2026

22 August 2026 · NSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board recommends Rs. 1 dividend per share for FY 2025-26, payable post-AGM approval

🔄 What Changed

Dividend amount recommended (Rs. 1/share) and TDS deduction requirement introduced from April 1, 2026

🔮 What's Next

Dividend payment to occur within 30 days of AGM after shareholder approval

💡 Investor Takeaway

Shareholders must submit tax documents by August 28, 2026 to avoid higher TDS rates on upcoming dividend payments

The company announced a recommended dividend of Rs. 1 per share (20% payout) for FY 2025-26, payable after shareholder approval at the September 11, 2026 AGM, with electronic payment within 30 days of the meeting. Shareholders must update bank details in their demat accounts, and TDS will be deducted at source on dividend payments starting April 1, 2026, at rates dependent on residential status and PAN-Aadhaar linkage, with specific exemptions for resident institutional investors and non-resident shareholders claiming DTAA benefits.

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About Paras Defence and Space Technologies Limited (PARAS)

Capital Goods · Aerospace & Defence · Listed on NSE

Market Cap: ₹10,668.15 CrP/E: 113.0ROE: 13.0%ROCE: 17.5%Div Yield: 0.08%

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📊 More PARAS filings

🔴 Announcement — 30 September 2026Paras Defence and Space Technologies announced that ICRA upgraded its credit rating from A- to A wit...
🔴 Announcement — 28 September 2026Paras Defence and Space Technologies announced it received a ₹26.59 crore order from DRDO as lead sy...
🔴 Announcement — 24 September 2026Paras Defence and Space Technologies Ltd announced it will host analysts and institutional investors...
Announcement — 19 September 2026The company announced that its insider trading window will close on October 1, 2026, and remain shut...
🟡 Voting Results — 11 September 2026The 17th Annual General Meeting of Paras Defence and Space Technologies Ltd was held on September 11...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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