Business Responsibility and Sustainability Report for the Financial Year 2025-26

August 18, 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: Business Responsibility and Sustainability Report (‘BRSR’) for the Financial Year 2025-26 In terms of the requirements of Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Business Responsibility and Sustainability Report (‘BRSR’) for the Financial Year 2025-26. The BRSR also forms part of the Annual Report for the Financial Year 2025-26, submitted to the exchanges vide letter dated August 18, 2026. We request you to kindly take the same on record and oblige. Thanking you, For Paras Defence and Space Technologies Limited Minal Bhate Company Secretary and Compliance Officer Membership No.: A20188 Encl.: as above Business Responsibility and Sustainability Reporting Paras Defence and Space Technologies Limited Annual Report 2025-26 Business Responsibility and Sustainability Reporting FY 2025-26 SECTION A GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the listed entity L29253MH2009PLC193352 2. Name of the listed entity Paras Defence and Space Technologies Limited 3. Year of incorporation 2009 4. Registered office address D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai - 400706 5. Corporate address D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai - 400706 6. E-mail cs@parasdefence.com 7. Telephone 022-6919-9999 8. Website www.parasdefence.com 9. Financial year for which reporting is being done 2025-26 10. Name of the Stock Exchange(s) where shares are listed BSE Limited National Stock Exchange of India Limited 11. Paid-up Capital Rs. 40,29,36,650 12. Name and contact details (telephone, email address) of the Ms. Minal Bhate, Company Secretary and Compliance Officer person who may be contacted in case of any queries on the Email: cs@parasdefence.com BRSR report Telephone: 022-6919-9919 (D) 13. Reporting boundary - Are the disclosures under this report made Standalone Basis on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14. Name of assessment or assurance provider Not Applicable 15. Type of assessment or assurance obtained Not Applicable II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity % of Turnover of the entity 1 Design, development, manufacturing, testing & Optics and Optronics System 48 commissioning of products, systems and solutions for Defence & Space Applications 2 Design, development, manufacturing, testing & Defence Engineering 52 commissioning of products, systems and solutions for Defence & Space Applications 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. No. Product/Service NIC Code % of total Turnover contributed 1 Optics and Optronics System 26700 48 2 Defence Engineering 25999 52 Business Responsibility and Sustainability Reporting III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of Plants Number of Offices Total National 2 5 7 International - - - 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) 18 (including Union Territories) International (No. of Countries) 9 b. What is the contribution of exports as a percentage of the total turnover of the entity? Exports constitute 15.30% of the total turnover of the entity c. A brief on types of customers The Company majorly serves government organizations such as the Defence Research and Development Organization (DRDO), the Indian Space Research Organization (ISRO), Defence Public Sector Undertakings (DPSUs), shipyards and ordnance factories. Additionally, the client base includes publicly listed companies like L&T, BEL, HAL, Tata as well as numerous private and international firms operating in the defence and space industry. IV. Employees 20. Details as at the end of Financial Year a. Employees and workers (including differently abled): S. Male Female Particulars Total (A) No. No(B) %(B/A) No(C) %(C/A) Employees 1 Permanent (D) 358 267 74.58% 91 25.41% 2 Other than Permanent (E) 0 0 0 0 0 3 Total employees (D + E) 358 267 74.58% 91 25.41% Workers 1 Permanent (F) 259 234 90.34% 25 9.65% 2 Other than Permanent (G) 0 0 0 0 0 3 Total Workers (F + G) 259 234 90.34% 25 9.65% b. Differently abled Employees and workers: S. Male Female Particulars Total (A) No. No(B) %(B/A) No(C) %(C/A) Differently Abled Employees 1 Permanent (D) 1 1 100% - - 2 Other than Permanent (E) - - - - - 3 Total differently abled employees (D + E) 1 1 100% - - Differently Abled Workers 1 Permanent (F) - - - - - 2 Other than Permanent (G) - - - - - 3 Total Workers (F + G) - - - - - Paras Defence and Space Technologies Limited Annual Report 2025-26 21. Participation/Inclusion/Representation of women No. and percentage of Females Total (A) No(B) %(B/A) Board of Directors 6 2 33.33% Key Management Personnel (KMP) 4 2 50% 22. Turnover rate for permanent employees and workers. (Disclose trends for the past 3 years) FY 2023-24 FY 2025-26 FY 2024-25 (Turnover rate in the year prior (Turnover rate in current FY) (Turnover rate in previous FY) to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 8.09% 2.24% 10.33% 8% 1% 10% 10% 4% 8% Permanent Workers 4.64% 0 4.64% 4% 0.18% 4% 0 0 0 V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures. Does the entity indicated at Indicate whether % of shares S. Name of the holding / subsidiary / column A, participate in the Holding/ Subsidiary/ held by listed No. associate companies / joint ventures (A) Business Responsibility initiatives Associate/ Joint Venture entity of the listed entity? (Yes/No) 1 Opel Technologies Pte. Ltd. Wholly Owned 100 No Subsidiary 2 Quantico Technologies Private Limited Wholly Owned 100 No Subsidiary 3 Mechtech Thermal Private Limited Subsidiary 70 No 4 Paras Semiconductors Private Limited Subsidiary 70 No 5 Paras Avionics Private Limited Subsidiary 60 No 6 Paras Aerospace Private Limited Subsidiary 60 No 7 Paras Anti-Drone Technologies Subsidiary 55 No Private Limited 8 Paras Heven Advanced Drones Subsidiary 51 No Private Limited 9 Himanshi Thermal Solutions Associate 49 No Private Limited 10 Krasny Paras Defence Technologies Associate 47.5 No Private Limited 11 Controp-Paras Technologies Associate 30 No Private Limited VI. CSR Details 24. (i). Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) - Yes (ii). Turnover (in Rs.). - Rs. 41,654.41 Lakhs (iii). Net worth (in Rs.) - Rs. 68,776 Lakhs Business Responsibility and Sustainability Reporting VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Grievance Redressal FY 2025-26 FY 2024-25 Mechanism in Place Number of Number of Stakeholder group from Number of Number of (Yes/No) (If Yes, complaints complaints whom complaint is complaints complaints then provide web- pending Remarks pending Remarks received filed during filed during link for grievance resolution at resolution at the year the year redress policy) close of the year close of the year Communities Yes, weblink can be 0 0 - 0 0 - Investors (other than accessed at: www. NA NA - NA NA - shareholders) parasdefence.com Shareholders 1 0 The complaint was 1 0 The complaint was resolved within resolved within the the stipulated time stipulated time Employees [Showing first 8,000 characters — download PDF for full document]