Meeting Details

  • Date: Friday, September 11, 2026
  • Time: 12:30 p.m. (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Type: 17th Annual General Meeting
  • Cut-off date for voting eligibility: Friday, September 4, 2026
  • Deemed venue: Registered Office at D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai - 400706

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Annual Audited Financial Statements

  • To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • To receive, consider and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Auditors

2. Declaration of Dividend

  • To declare a Final Dividend of ₹1 per equity share (face value ₹5 each) for FY ended March 31, 2026
  • Record date: Friday, August 28, 2026
  • Dividend to be paid within 30 days after shareholder approval

3. Re-appointment of Director

  • To re-appoint Mrs. Shilpa Amit Mahajan (DIN: 01087912), who retires by rotation
  • She has offered herself for reappointment

Special Business

4. Ratification of Cost Auditor Remuneration

  • To ratify remuneration payable to M/s. Dinesh Jain & Company, Cost Accountants (FRN: 100583)
  • Amount: ₹1,25,000 per annum excluding taxes plus reimbursement of out-of-pocket expenses
  • For conducting audit of cost records for FY 2026-27

5. Approval of Material Related Party Transactions with Controp-Paras Technologies Private Limited

  • Aggregate amount: ₹450 crore plus applicable taxes
  • Period: From date of AGM till next AGM
  • Breakdown:
  • Supply of goods, services, materials and technologies: ₹293 crore
  • Additional sale and purchase transactions: ₹110 crore
  • Other RPTs (loans/ICD, lease rent, investment, corporate guarantee): ₹47 crore
  • Transactions at arm's length in ordinary course of business

6. Approval of Material Related Party Transactions with Paras Anti-Drone Technologies Private Limited

  • Aggregate amount: ₹150 crore plus applicable taxes
  • Period: From date of AGM till next AGM
  • Transactions include supply of goods/services, loans/ICDs, lease rent, investments, corporate guarantees
  • At arm's length in ordinary course of business

Voting Process and Methods

  • Remote e-voting period: September 8, 2026 (9:00 a.m.) to September 10, 2026 (5:00 p.m.)
  • Service provider: MUFG Intime India Private Limited
  • Voting methods:
  • For demat holders: Through NSDL/CDSL platforms or depository participants
  • For physical shareholders: Through InstaVote portal
  • For institutional shareholders: Through Custodian/Corporate Body registration
  • Scrutinizer: Mr. Dinesh Kumar Deora, Practicing Company Secretary (Membership No. FCS 5683)
  • Voting outcome declaration: Within 48 hours of AGM conclusion
  • Results publication: Company website and stock exchanges

Key Voting Information

  • Total votes: To be determined based on shareholder participation
  • Voting rights: Proportional to shareholding as on cut-off date
  • Participation breakdown: Will be provided by scrutinizer post-meeting
  • Voting methods: Remote e-voting and e-voting during AGM

Scrutinizer's Role and Findings

  • Mr. Dinesh Kumar Deora appointed to scrutinize remote e-voting and e-voting at AGM
  • Will count votes cast during AGM first, then unblock remote voting votes
  • Will submit Consolidated Scrutinizer's Report within 48 hours of AGM conclusion
  • Report to be countersigned by Chairman or authorized person

Compliance with Laws and Regulations

The Company confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Ministry of Corporate Affairs Circulars regarding virtual meetings
  • Secretarial Standard - 2 on General Meetings
  • All relevant provisions for related party transactions

Additional Financial and Procedural Information

  • Annual consolidated turnover (FY 2025-26): ₹476.57 crore
  • Materiality threshold for RPTs: ₹47.65 crore (10% of annual consolidated turnover)
  • Dividend tax compliance: TDS applicable as per Income Tax Act, 1961
  • Shareholder grievance redressal: Through SEBI SCORES portal and Online Dispute Resolution mechanism
  • Document availability: On company website, stock exchange websites, and MUFG Intime India Private Limited website
  • Physical copy request: Available by email to cs@parasdefence.com

Director Details for Re-appointment

  • Mrs. Shilpa Amit Mahajan: Whole-Time Director, DIN: 01087912
  • Age: 46 years, Date of birth: November 9, 1979
  • First appointment: June 25, 2018
  • Qualification: Diploma in Interior Design
  • Experience: Pivotal role in company's vision and growth trajectory
  • Remuneration: ₹32,00,000 per annum
  • Shareholding: 11,52,150 shares (1.43% of paid-up capital)
  • Board meetings attended: 12 during the year
  • Other directorships: 5 companies including Paras Anti-Drone Technologies Private Limited