Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Divestment of Equity in Krasny Paras Defence Technologies Private Limited (Associate)

August 07, 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 – Divestment of equity in Krasny Paras Defence Technologies Private Limited [Associate] Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the Board of Directors of the Company at its meeting, held on Friday, August 07, 2026, considered and approved the proposal for divestment of Company’s entire equity stake/ investment of 47.50% held in its Associate, Krasny Paras Defence Technologies Private Limited (“Krasny Paras”), which comprises of 5,22,500 equity shares of face value of Rs. 10/- each. Post the transaction, Krasny Paras will cease to be an Associate of the Company. The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular 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 Minal Bhate Company Secretary and Compliance Officer Membership No.: A20188 Encl.: As above Annexure – A Sr. No. Particulars Details 1. The amount and percentage of the turnover or Name of the Associate: Krasny Paras Defence revenue or income and net worth contributed by Technologies Private Limited (“Krasny Paras”) such unit or division or undertaking or subsidiary or associate company of the listed Amount and Percentage of turnover contributed by entity during the last financial year; Krasny Paras in consolidated turnover of the Company in FY 25-26 is Rs. 0.59 Crore, constituting 0.12%. Networth of Krasny Paras as on March 31, 2026, was Rs. 0.63 Crore. 2. Date on which the agreement for sale has been Yet to be entered. entered into; The Company will intimate the Exchanges upon signing of agreement. 3. The expected date of completion of The proposed transaction is likely to be completed sale/disposal; latest by December 31, 2026. 4. Consideration received from such The amount of consideration has not been finalised as sale/disposal; it is dependent on the due diligence process. The Company will intimate the Exchanges upon receipt of consideration. 5. Brief details of buyers and whether any of the Name of the Buyer: Krasny Defence Technologies buyers belong to the promoter/ promoter Limited group/group companies. If yes, details thereof; No, the Buyer does not belong to the Promoter/ Promoter group/Group companies. 6. Whether the transaction would fall within related The transaction does not fall within Related Party party transactions? If yes, whether the same is Transaction. done at “arm’s length”; 7. Whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. 8. Additionally, in case of a slump sale, indicative Not Applicable disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.