Nitiraj Engineers Limited — Important, 03-12-2024: Updates

Nitiraj Engineers Limited has received authorization as a "Drone-Remote Pilot Training Organization (RPTO)" from the Directorate General of Civil Aviation (DGCA), India. This designation allows the company to provide specialized training for drone remote pilots under specific operational conditions. The training facility is located at Awdhan MIDC in Dhule, Maharashtra, and the authorization is effective as of November 28, 2024. The company is currently awaiting the formal Authorization Certificate, which will be issued shortly. This development presents potential growth opportunities in the drone training sector, aligning with the increasing demand for skilled drone operators. Investors should monitor this growth area as it could enhance the company's market position.