Nitiraj Engineers Limited — Important, 26-10-2024: General Updates

Nitiraj Engineers Ltd. has made progress on its new drone initiative. The company is awaiting approval for its Remote Pilot Training Organisation (RPTO) from the DGCA, expected by November 30, 2024. Additionally, the drone has been submitted for Type Certification testing, with audits anticipated by mid-December 2024. The timeline for commencing commercial production will be defined post-audit completion. Further updates will be provided as milestones are reached.