General Updates

November 03, 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: Corrigendum to the Postal Ballot Notice dated October 29, 2026 - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is with reference to the Postal Ballot Notice dated October 29, 2026, filed with the Stock Exchanges on November 03, 2026. The Company wishes to clarify that, due to an inadvertent administrative error, an incorrect version of the Postal Ballot Notice was uploaded on the Stock Exchanges' websites. Accordingly, the Company is submitting the Corrigendum along with the corrected Postal Ballot Notice. You are requested to take the enclosed documents on record and disseminate the same on your respective websites. Thanking you, For Paras Defence and Space Technologies Limited Minal Bhate Company Secretary and Compliance Officer M. No.: A20188 CORRIGENDUM TO THE POSTAL BALLOT NOTICE DATED OCTOBER 29, 2026 This corrigendum is being issued in continuation of the Postal Ballot Notice dated October 29, 2026, issued by Paras Defence and Space Technologies Limited ("Company") and submitted to the Stock Exchanges today, i.e. November 03, 2026. The Company wishes to inform its Members that an inadvertent error has occurred in the wording of the resolution forming part of the Postal Ballot Notice pertaining to the approval of Material Related Party Transaction(s) between the Company and Paras Anti-Drone Technologies Private Limited ("Subsidiary Company"). In the said resolution, the words: "from the date of the Annual General Meeting until the date of the next Annual General Meeting" shall be read and construed as: "for a period of one year from the date of approval". It is hereby clarified that the aforesaid correct tenure of one year from the date of approval has already been correctly mentioned in the Explanatory Statement accompanying the said resolution. The Company further clarifies that, due to an inadvertent administrative error, an incorrect version of the Postal Ballot Notice was uploaded only on the websites of the Stock Exchanges and has not been circulated to the shareholders. The correct version of the Postal Ballot Notice will be circulated shortly to the Members of the Company. Accordingly, this corrigendum is being issued to rectify the inadvertent error in the wording of the resolution and to ensure consistency between the resolution and the Explanatory Statement. The correct version of the Postal Ballot Notice is enclosed herewith. You are therefore requested to take note of the aforementioned correction and take the enclosed corrected Postal Ballot Notice on record. We regret the inconvenience caused. Thanking you, For Paras Defence and Space Technologies Limited Minal Bhate Company Secretary and Compliance Officer M. No.: A20188 POSTAL BALLOT NOTICE [Pursuant to Sections 108 and 110 of the Companies Act, 2013, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014] each as amended, and the applicable Circulars issued by the Ministry of Corporate Affairs (‘MCA’), Government of India, from time to time E-VOTING STARTS ON E-VOTING ENDS ON Thursday, November 05, 2026, at 9:00 a.m. (IST) Friday, December 04, 2026, at 5:00 p.m. (IST) To the Members of the Company, Notice is hereby given that the resolution set out below is proposed for approval by the members of PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED (“the Company”) by means of Postal Ballot, only by remote e-voting process (“e-voting”) being provided by the Company to all its members to cast their votes electronically, pursuant to Section 110 of the Companies Act, 2013 (“the Act”) read with Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014, as amended (“Management Rules”) read with the Circular No. 14/2020 dated April 08, 2020, Circular No. 17/2020 dated April 13, 2020, Circular No. 20/2020 dated May 05 2020, Circular No. 22/2020 dated June 15, 2020, Circular No. 33/2020 dated September 28, 2020, Circular No. 39/2020 dated December 31, 2020, Circular No. 10/2021 dated June 23, 2021, Circular No. 20/2021 dated December 08, 2021, Circular No. 03/2022 dated May 5, 2022, Circular No. 10/2022 and 11/2022 dated December 28, 2022, Circular No. 09/2023 dated September 25, 2023, Circular No. 09/2024 dated September 19, 2024 and General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs (“MCA”) (hereinafter collectively referred to as “MCA Circulars”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India and other applicable laws, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) In compliance with the aforesaid Circulars, this Postal Ballot Notice is being sent only through electronic mode to those Shareholders whose e-mail addresses are registered with the Company/Depositories. If your e-mail address is not registered with the Company/Depositories, please follow the process provided in the Notes. The Statement, pursuant to the provisions of Section 102(1) and other applicable provisions of the Act read with the Rules, setting out all material facts relating to the resolution proposed in this Postal Ballot Notice and additional information as required under the Listing Regulations and circulars issued thereunder is attached. SPECIAL BUSINESS: APPROVAL OF MATERIAL RELATED PARTY TRANSACTION(S) BETWEEN THE COMPANY AND PARAS ANTI- DRONE TECHNOLOGIES PRIVATE LIMITED (“THE SUBSIDIARY COMPANY”) To consider and, if thought fit, to pass the following resolution as Ordinary Resolution: “RESOLVED THAT pursuant to Regulation 2(1)(zc), 23 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”) and the applicable provisions of the Companies Act, 2013 (“the Act”), if any, read with relevant Rules made thereunder, if any, (including any statutory modification(s) or re-enactment thereof for the time being in force) and, in accordance with the Memorandum and Articles of Association of the Company and as per the Company’s Policy on Materiality of Related Party Transactions and, on the basis of approval and recommendation of the Audit Committee and Board of Directors of the Company (hereinafter referred to as “the Board”, which term shall be deemed to include, unless the context otherwise required, any duly constituted Committee thereof or any Director or officer(s) authorised by the Board to exercise the powers conferred on the Board under this resolution), consent of the Members of the Company be and is hereby accorded to the Board to enter/continue to enter into and/or execute any contract(s)/ arrangement(s)/transaction(s), whether by way of individual or multiple transaction(s) taken together, between the Company and Paras Anti Drone Technologies Private Limited (hereinafter referred to as “the Subsidiary Company” under Section 2(87) of the Act and Regulation 2(1)(zb) of the SEBI Listing Regulations) for a period of one year from the date of approval, for an aggregate amount upto Rs. 1,50,00,00,000 (Rupees One Hundred and Fifty Crores Only), plus applicable taxes, in the ordinary course of business of the Company and on such terms and conditions as detailed in the explanatory statement to this resolution pursuant to Section 102 and other applicable provisions of the Act read with relevant Rules and on such terms and conditions as may be mutually agreed between the [Showing first 8,000 characters — download PDF for full document]