Paras Defence Stock Split Record Date on July 4: What It Means for Shareholders?

Paras Defence has set July 4, 2025, as the record date for its f 1:2 stock split. On April 30, 2025, the company declared a 1:2 stock split, which means that the existing 1 share will split into 2 shares.

Paras Defence said in an exchange filing, “The sub-division/ split of existing 1 (one) equity share of face value of Rs. 10/- (Rupees Ten Only) each, fully paid- up into 2 (Two) equity shares of face value of Rs. 5/- (Rupees Five Only) each, fully paid- up, subject to shareholders’ approval. The record date for the purpose of above sub-division/ split of equity shares shall be decided after obtaining approval for sub-division/split from the shareholders through postal ballot electronic voting process and will be intimated in due course.” 

What Does Paras DefenceStock Split Record Date Mean for Shareholders?

As Paras Defence has set July 4 as the record date for its 1:2 stock split, meaning that July 3 marks the last day to buy Paras Defence shares to get the benefit of the stock split. Further, any shares bought on or after July 4 (record date) won't be eligible for the stock split due to the T+1 settlement rule.

Also Read: Upcoming Dividends in July 2025: Nestle India, Biocon, BHEL, TCS, Bharti Airtel & More

Paras Defence Business Highlights

Paras Anti-Drone Technologies Pvt Ltd, a subsidiary of Paras Defence and Space Technologies Ltd, has announced a significant international development: France-based CERBAIR, a prominent European counter-UAV company, has expressed intent to procure up to 30 CHIMERA 200 systems. The CHIMERA 200 is an advanced, man-portable radio frequency detection and neutralisation device, engineered to serve as a frontline defence against both individual drones and swarm threats.

Valued at approximately ₹22 crore (€2.2 million), the proposed deal reinforces India’s stature as a rising and dependable exporter of high-tech defence solutions. It also supports the nation's ‘Make in India’ initiative and aligns with the objectives of the Defence Production and Export Promotion Policy (DPEPP), which targets $5 billion in annual defence exports by 2025.

Proven across multiple critical infrastructure sites in India, the CHIMERA 200 offers wideband detection and neutralisation capabilities that are robust, upgradeable, and quick to deploy. Its adaptability to evolving drone threats makes it especially attractive to both domestic and global security agencies.

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