Corporate News     15-Mar-23
Paras Defence signs MoU with CONTROP, Israel
To set up joint venture in India for manufacturing electro-optic systems for various applications
Paras Defence and Space Technologies has entered into an MOU (Memorandum of Understanding) on 14 March 2023 with CONTROP Precision Technologies (CONTROP), Israel with an intent to create new opportunities and expand both parties' business in the Indian and Global Defence sector. To support the MOU objectives, the parties intend to form a Joint Venture Company (‘JV') in India for manufacturing Electro-Optic Systems for various applications, all in accordance with the Government of India's Make in India initiative.
Previous News
  Paras Defence and Space Technologies consolidated net profit rises 72.22% in the September 2021 quarter
 ( Results - Announcements 15-Nov-21   15:56 )
  Paras Defence and Space Technologies Ltd leads gainers in 'A' group
 ( Hot Pursuit - 18-Jun-24   12:00 )
  Paras Defence and Space Technologies consolidated net profit rises 4.47% in the March 2023 quarter
 ( Results - Announcements 17-May-23   07:38 )
  Paras Defence and Space Technologies standalone net profit declines 17.66% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   13:59 )
  Paras Defence and Space Technologies
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 ( Results - Announcements 07-Nov-23   07:46 )
  Paras Defence corrects 14% in five days
 ( Hot Pursuit - 23-Nov-21   11:10 )
  Board of Paras Defence approves proposal to utilize unspent IPO proceeds of Rs 18.97 cr
 ( Corporate News - 29-Mar-23   12:42 )
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 ( Hot Pursuit - 27-Aug-24   15:47 )
  Paras Defence signs MoU with Yantra India
 ( Corporate News - 16-Feb-23   11:50 )
  Paras Defence signs MoU with CONTROP, Israel
 ( Corporate News - 15-Mar-23   09:38 )
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