Paras Defence and Space Technologies Limited reports a new order or contract
In short
Paras Defence and Space Technologies Limited said it has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at about Rs.26.59 crore including taxes. The order value is approximately Rs.26.59 crore. In simple terms, DRDO has placed a paid order with Paras Defence, giving the company new defence-related business worth about Rs.26.59 crore. No closing date or validity period was stated.
Why it matters
A new contract or order has been announced — the filing's stated order value (if any) is the number to check against the company's run-rate. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.