Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Paras Defence and Space Technologies has informed that the Board of Directors of the Company at its meeting, held on Tuesday, February 17, 2026, considered and approved the acquisition of 49% in Equity Share Capital of ‘Himanshi Thermal Solutions’ (‘Himanshi Thermal’) from DefSpace Technologies (‘DefSpace’). The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is attached as Annexure – A.