Droneacharya Aerial Innovations Ltd — Updates, 30-05-2025: Company Update

DroneAcharya Aerial Innovations has announced a board meeting to approve acquiring the remaining 49% stake in DroneAcharya Miltech Private Limited, making it a wholly owned subsidiary. The acquisition is a related party transaction completed on an arm’s length basis, with a cash consideration of Rs 49,000. DroneAcharya Miltech, incorporated in April 2024, operates in manufacturing and services but currently has no turnover. This move aims to expand DroneAcharya’s footprint in these sectors, strengthening control and business scope.