In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Paras Defence and Space Technologies has informed that Paras Anti-Drone Technologies, a Subsidiary of the company (‘Paras’), is the proud winner of ADITI 1.0 Challenge for ‘Mobile Ground Station in S/X/Ka band for Transmitting and Receiving Data from Satellites’. The Scheme/Challenge was launched by Defence Innovation Organisation (DIO), under the Department of Defence Production (DDP) – Ministry of Defence, Government of India as ADITI (Acing Development of Innovative Technologies with iDEX), a Scheme under iDEX for Promoting Innovations in Critical and Strategic Defence Technologies. As per the Scheme, Paras Anti-Drone Technologies is eligible for a grant amount upto 50% of the Product Development Budget (PDB), with a maximum limit of Rs. 25 crore. Pursuant to this award, Paras Anti-Drone Technologies will engage in the development of a groundbreaking Mobile Ground Station system. This solution, under development, leverages cutting edge phased array technology to address next-generation demands for high-data-rate connectivity and multi-satellite tracking.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Hindustan Aeron | 4387.10 |
| Bharat Electronics | 462.70 |
| DCX Systems | 194.75 |
| Astra Microwave Prod | 1092.10 |
| Zen Technologies | 1614.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: