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Company Information

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DRONEACHARYA AERIAL INNOVATIONS LTD.

21 February 2025 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE0MQD01015 BSE Code / NSE Code 543713 / DRONACHRYA Book Value (Rs.) 30.17 Face Value 10.00
Bookclosure 04/09/2024 52Week High 181 EPS 2.53 P/E 29.72
Market Cap. 180.63 Cr. 52Week Low 68 P/BV / Div Yield (%) 2.50 / 0.00 Market Lot 1,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated on March 10, 2017 as a Private Limited Company as "Droneacharya Aerial Innovations Private Limited" vide Registration No. 101287 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Bangalore, Karnataka. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on August 6, 2022, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `Droneacharya Aerial Innovations Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on August 23, 2022 by the Registrar of Companies, Bangalore, Karnataka. The Corporate Identification Number of our Company is U29308KA2017PLC101287. For further details of change in name and change in Registered Office of our Company.

KEY EVENTS AND MILESTONES:
2017
Incorporation of our Company.

2019
Change in Registered Address of the Company

2020
Change in the Object Clause of the Company

2021
-Increase in Authorized Capital of the Company
-Increase in Authorized Capital of the Company
-Reclassification of Authorized Capital of the Company

2022
-Company converted into Public Limited Company and consequently name changed from "Droneacharya Aerial Innovations Private Limited to "Droneacharya Aerial Innovations Limited".
-Adoption of Articles of Associations of the Company in line with public company
-Issue of Bonus Shares in the Ratio of 99:1

2023 -Droneacharya Bags A Contract Worth Rs. 15,78,840.00 Lakhs From Tata Consultancy Services (TCS). -Droneacharya Wins A Contract From Ministry Of Defense, Department Of Military Affair. -DroneAcharya Aerial Innovations Limited has been awarded India's largest DGCA Certified Drone Pilot Training Tender for Government Officers of Karnataka valued at INR 96,00,000.00. -DroneAcharya tied up with AIT Entrepreneurship Centre, a centre of Asian Institute of Technology

2024 -Droneacharya Aerial Innovations Partners With Volatus Aerospace Inc.to transform drone-based logistics and services in India. -DroneAcharya has secured work orders worth INR 70,80,000/- from AgroCast Analytics Private Limited -Droneacharya Aerial - Droneacharya Secures A 350 KM UAV-Based Lidar And RGB Survey Contract From Aarvee Associates. -DroneAcharya Aerial Innovations has secured a USD 1.75 Million contract from American Blast Systems (ABS), USA -DroneAcharya Aerial Innovations has signed a Memorandum of Understanding (MoU) with SISIR Radar, becoming the exclusive reseller of their products in Southeast Asia and Africa.