Paras Defence Share Price in Focus as Company Signs Licensing Agreement with DRDO for T-90 Tank

Paras Defence and Space Technologies Limited announced on November 26, 2025, that it has signed a Licensing Agreement for the Transfer of Technology of Driver Night Sight for the T 90 tank with DRDO under the Ministry of Defence. 

Paras Defence Secures Technology Transfer Agreement 

The agreement enables Paras Defence to receive Driver Night Sight technology from DRDO for deployment in the T 90 tank platform. This collaboration supports defence grade optical and imaging systems manufacturing within India. The company confirmed the signing through an exchange filing. 

The Licensing Agreement marks a formal partnership between Paras Defence and DRDO, an organisation under the Ministry of Defence. It strengthens indigenous defence capabilities by allowing industry participation in critical night vision technologies used in armoured vehicles. 

Read More: Paras Defence Share Price Surges on Signing MoU with IUAC to Develop MRI Magnet Systems! 

Relevance of Driver Night Sight Technology 

Driver Night Sight technology enhances visibility for vehicle operators during low light or night operations. Its application in the T 90 tank supports safer navigation and improved operational readiness. Technology transfer agreements such as this contribute to self-reliance in high precision defence manufacturing. 

The company stated that the agreement has been signed and requested exchanges to disseminate the information. The intimation was shared under Regulation 30 of the SEBI Listing Regulations. The filing was authorised by the Managing Director, Munjal Sharad Shah. 

Paras Defence and Space Technologies Share Price Performance 

As of November 26, 2025, at 1:39 PM, Paras Defence and Space Technologies share price on NSE was trading at ₹714.70 up by 0.60% from the previous closing price. 

Conclusion 

The signing of the licensing agreement reflects Paras Defence’s continued involvement in defence technology production. It adds to the company’s portfolio of collaborations in strategic defence systems and supports domestic manufacturing objectives. 

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