ALPHA TRIBE

Droneacharya Aerial Innovations LtdImportant, 30-11-2025: Company Update

30-11-2025 | 04:52 pm

DroneAcharya Aerial Innovations faces a SEBI order regarding IPO proceeds. The regulator has levied a penalty of 0.1 Cr on the company and 0.2 Cr each on MD Prateek Srivastava and Director Nikita Srivastava. Both directors are also barred from accessing the securities market for two years. The company clarifies that these penalties do not affect its day-to-day operations or strong order book, asserting business continues as usual. The market access restriction on directors also has no impact on its core business. The company intends to explore legal recourse.

No comments yet. Be the first to comment!

All announcements from Droneacharya Aerial Innovations Ltd