We are pleased to inform that Paras has received an order from DRDO, Ministry of Defence valued at an approximately Rs. 26. 59 Crores (including taxes).

September 28, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot C/1, G Block, Dalal Street, Bandra – Kurla Complex, Fort, Mumbai – 400 001 Bandra – (East), Mumbai – 400 051 Scrip Code: 543367 Trading Symbol: PARAS Dear Sir/Madam, Subject: Intimation of Receipt of Order from DRDO, Ministry of Defence In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we are pleased to inform you that Paras Defence and Space Technologies Limited (“PARAS”) has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at approximately ₹26.59 crore (including taxes), wherein the Company will be the Lead System Integrator and will also provide the complete design, analysis, fabrication, manufacturing and assembly of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission. The complete payload shall qualify as a Space-Borne System having potential utilisation for Earth Observation. The disclosure in compliance with Regulation 30 of Listing Regulations read with SEBI Circular No. and SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure - A. Kindly take the above information on record and acknowledge the receipt. You are requested to disseminate the above information on your respective websites. Thanking you, For Paras Defence and Space Technologies Limited Minal Bhate Company Secretary and Compliance Officer Membership No.: A20188 Annexure – A Sr. No. Particulars Details 1. Name of the entity awarding the DRDO, Ministry of Defence order(s)/contract(s) 2. Significant terms and conditions of Company will be the Lead System Integrator and will also order(s)/contract(s) awarded in brief provide complete design, analysis, fabrication, manufacturing and assembly of the Optics and Opto- Mechanical Unit for a Hyperspectral Mission, valued at approximately Rs.26.59 crore (including taxes). The complete payload shall qualify as a Space-Borne System, with potential utilization for Earth Observation. Performance Security Amount – INR 79,76,427/- 3. Whether order(s)/contract(s) have been Domestic, DRDO, Ministry of Defence awarded by domestic / international entity 4. Nature of order(s)/contract(s) Lead System Integrator and will also provide complete design, analysis, fabrication, manufacturing and assembly of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission, valued at approximately Rs.26.59 crore (including taxes). The complete payload shall qualify as a Space- Borne System, with potential utilization for Earth Observation 5. Whether Domestic or International Domestic 6. Time Period by which the The delivery date is on or before 27 September 2027. order(s)/contract(s) is to be executed 7. Broad consideration or size of the Approximately Rs. 26.59 crore (including taxes). order(s)/contract(s) 8. Whether the promoter/ promoter group/ No group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof 9. Whether the order(s)/contract(s) would fall No within related party transactions? If yes, whether the same is done at “arm’s length” For Paras Defence and Space Technologies Limited Minal Bhate Company Secretary and Compliance Officer Membership No.: A20188