Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Paras Defence and Space Technologies has informed that the Board of Directors of the Company at its meeting held on Friday, October 20, 2023 has accorded its approval to incorporate an Associate Company (Proposed Company) by entering into a Joint Venture Agreement with MICROLAM Inc., USA. The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is attached as Annexure A & Annexure B.
The above information is a part of company’s filings submitted to BSE.
