Company Update

DroneAcharya Aerial Innovations Limited has addressed a compliance matter concerning the delay in holding its Annual General Meeting for the financial year ended March 31, 2025. The Regional Director, Mumbai, issued an interim order, levying a compounding fee of 0.0259 Cr for the violation of Section 96 of the Companies Act, 2013. The company is actively taking steps to comply with the order's directions, including remitting the fee.

This development focuses on resolving a procedural lapse and ensures the company's adherence to regulatory timelines.