Aerpace Industries Ltd — Important, 17-12-2025: Company Update

Aerpace Industries clarified its recent share price movement, attributing it to previously disclosed information. This includes the appointment of Mr. Prakash Gaur as a Non-Executive Director, bringing over 30 years of experience in transportation and infrastructure. Additionally, the company highlighted its non-binding Memorandum of Understanding with the Government of Andhra Pradesh to establish a drone manufacturing facility for defence and civil applications, supporting India's First Drone City initiative. The company confirmed no other material information exists that would impact its share price, stating the movement is market-driven.