Nitiraj Engineers Limited — Important, 19-12-2024: Updates

Nitiraj Engineers Limited has been authorized as a Drone-Remote Pilot Training Organization (RPTO) by the Directorate General of Civil Aviation (DGCA) of the Government of India. The company has received the physical certificate confirming this authorization, allowing it to conduct Remote Pilot Training Courses at its facility in Dhule, Maharashtra, from December 11, 2024, to November 27, 2034. This development positions Nitiraj to capitalize on the growing drone training market in India, presenting a positive outlook as it strengthens its operational capabilities and market offerings. Investors should monitor how this expansion into drone training could enhance future revenue and business growth prospects.