Paras Defence and Space Technologies Limited
Abu Dhabi Investment Authority decreased its stake in Paras Defence and Space Technologies from 3.08% to 2.40%, selling 545,166 shares. The value of the shares sold is ₹66.42 Cr at ₹1216.80 apiece.
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.
Sovereign wealth fund of the Emirate of Abu Dhabi, established in 1976 and one of the world's largest SWFs with around USD 1 trillion in assets. Long-term, multi-decade horizon. Indian equities sit inside its emerging markets allocation and ADIA is a consistent anchor in marquee Indian IPOs and large-block deals.