Paras Defence and Space Technologies Limited
Kuwait Investment Authority debuted on the shareholding pattern of Paras Defence and Space Technologies Limited with a 1.12% stake, holding 9,04,950 shares, up from under 1% in the prior filing.
A private sector aerospace and defence manufacturer, Paras Defence designs, develops, and produces specialized engineering products for India's defence and space sectors. The company operates across four core segments: defence and space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. It serves government agencies and defence organizations with advanced technology-driven capabilities and integrated solutions tailored to operational requirements.
The oldest sovereign wealth fund in the world, tracing its roots to the Kuwait Investment Board formed in 1953 and established in its present form in 1982 as an autonomous body managing the state's reserves. It runs two pools, the General Reserve Fund and the Future Generations Fund, and invests across public equities, fixed income, real estate and private markets worldwide. Its Indian equity positions are held through numbered sub funds and are typically long horizon rather than traded.