General Updates

June 30, 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, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Signing of IP License Agreement Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that M/s. Paras Defence and Space Technologies Limited (“PARAS”) has signed an IP License Agreement with Tandem Defense LLC, a Georgia limited liability company, a wholly owned subsidiary of Autonomous Power Corporation, Delaware (“Powerus”) for Guardians Interceptor Technology; and Through the agreement, Powerus grants Paras an exclusive license to use the Licensed IP within India for the purpose of manufacturing and commercializing Products in India. Guardian-1 Interceptor is a high-speed, battery-powered counter-drone system developed by Powerus designed to combat low-cost aerial threats. Further, the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is attached herewith as Annexure A. Kindly take the above information on record and acknowledge the receipt. Thanking you, For Paras Defence and Space Technologies Limited Munjal Sharad Shah Managing Director DIN: 01080863 Encl: as above Annexure - A Sr. No. Particulars Details 1. Name(s) of parties with whom the 1) Paras Defence and Space Technologies Limited agreement is entered (“PARAS”) and 2) Tandem Defense LLC, a Georgia limited liability company, a wholly owned subsidiary of Autonomous Power Corporation, Delaware (“Powerus”). 2. Purpose of entering into the By the subject IP License Agreement Powerus grants to agreement Paras an exclusive, non-transferable, non-sublicensable license to use the Licensed IP solely within India for the purpose of manufacturing and commercializing Products in India and have appointed other Parties for the management of IP licenses, defence, product manufacturing, and sales operations in the India 3. Shareholding, if any, in the entity PARAS does not have any shareholding in the other party to with whom the agreement is the agreement executed 4. Significant terms of the The term of the agreement is twelve (12)-month renewable agreement (in brief) by mutual consent. special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc 5. Whether the said parties are No related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship 6. Whether the transaction would No fall within related party transactions? If yes, whether the same is done at “arms length” 7. In case of issuance of shares to Not applicable the parties, details of issue price, class of shares issued 8. Any other disclosures related to No such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc 9. In case of termination or Not applicable amendment of agreement, listed entity shall disclose additional details to the stock exchange(s) a) name of parties to the agreement - b) nature of the agreement c) date of execution of the agreement d) details of amendment and impact thereof or reasons of termination and impact thereof.