Paras Defence and Space Technologies has received approval for incorporation of a Wholly Owned Subsidiary (WOS) named ‘Quantico Technologies’ or such other name as may be approved by the Central Registration Centre, Ministry of Corporate Affairs.
It is contemplated that Proposed WOS to be incorporated in India shall carry out business of end-to-end solutions for Quantum Communication. The Board of Directors of the company at its meeting held on October 20, 2023, has approved the same.
Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.
