Paras Aerospace Pvt Ltd receives 2nd Type Certificate from DGCA

Paras Aerospace Private Limited ('Paras Aerospace'), subsidiary of Paras Defence and Space Technologies Limited has received Second Type Certificate from DGCA (Directorate General of Civil Aviation), Drone Directorate, Govt. of India, for it's Agri Drone - "Paras-Agricopter V2.1". This can also be seen on Digital Sky Website of DGCA.

This certification will enable execution of existing contracts of Paras Aerospace for "Paras-Agricopter V2.1" and will further unlock new prospects in the Agricultural Drone Industry. The certification is received for MEDIUM Drone Category, where Paras Aerospace's high-quality and cost-efficient Drone meets all the DGCA criteria's and enhances its suitability for various applications.

The DGCA Type Certification is granted following an extensive evaluation and certification procedure for Unmanned Aerial Vehicles (UAV), validating the drone's design and quality. Paras Aerospace believes that this is one of the biggest milestones in their journey of offering World Class, Made in India Agri Drones.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 743.10 as compared to the previous close of Rs. 741.40. The total number of shares traded during the day was 5826 in over 494 trades.

The stock hit an intraday high of Rs. 748.75 and intraday low of 735.70. The net turnover during the day was Rs. 4337808.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies Defence INE045601015 ParasAerospace