Paras Defence and Space Technologies has informed that the company has been granted a License under the Arms Act, 1959. This license authorizes the Company to manufacture MK-46 and MK-48 Belt-fed Light Machine Gun (LMG) – Modernised Enhanced and Redefined LMG with a proposed annual capacity of 6000 nos each. The disclosure in compliance with Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure - A.
The above information is a part of company’s filings submitted to BSE.
