SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Paras Defence gets nod to acquire 49% equity share capital in Himanshi Thermal

17 Feb 2026 Evaluate

Paras Defence and Space Technologies has received approval for acquisition of 49% in Equity Share Capital of Himanshi Thermal Solutions (Himanshi Thermal) from DefSpace Technologies (DefSpace).

The acquisition will align with the Company’s strategic objective of expansion. This acquisition will be structured to offer mutual benefits and is expected to create new growth avenues and business opportunities for both organizations at group level, fostering a mutually advantageous partnership.

The Board of Directors of the Company at its meeting, held on February 17, 2026, considered and 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.


Paras Defence &Space Share Price

771.00 15.85 (2.10%)
16-Apr-2026 09:33 View Price Chart
Peers

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×