Droneacharya Aerial Innovation has scheduled its 9th Annual General Meeting for September 30, 2026. The meeting will be conducted via video conferencing to transact ordinary business items.

The company will seek shareholder approval for the adoption of standalone and consolidated financial statements for FY26. Additionally, the agenda includes the reappointment of Managing Director Prateek Srivastava, who retires by rotation.

Agenda Details

The Board has proposed several key resolutions for member consideration during the virtual meeting held at the registered office in Pune.

Governance Appointments

Mr. Prateek Srivastava, who founded the company in 2017, seeks reappointment as a director liable to retire by rotation. He attended all eight board meetings conducted during FY25-26. His spouse, Mrs. Nikita Srivastava, serves as Director and CFO.

The Board recommends appointing M/s Haziyani & Associates as Statutory Auditors and M/s Akshay R. Birla and Associates as Secretarial Auditors. Both appointments are for a term of five consecutive financial years, commencing from the conclusion of this AGM.

Voting and Meeting Logistics

Shareholders holding shares as on September 23, 2026, are eligible to vote. Remote e-voting opens on September 27, 2026, at 12:00 pm and closes on September 29, 2026, at 5:00 pm. Bigshare Services Private Limited facilitates the e-voting process.

Members can join the meeting via VC/OAVM facilities starting 30 minutes before the scheduled time. Proxy appointments are not available for this virtual meeting.

Droneacharya Aerial Innovations Limited has accepted the resignation of Jayesh Sharad Kulkarni from the position of Company Secretary and Compliance Officer. The departure is effective from the closing hours of July 31, 2026, marking a change in the company’s key managerial personnel responsible for regulatory compliance.

The Board of Directors accepted the resignation on July 30, 2026, following Kulkarni’s formal tender to the board. The company disclosed the move pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In its filing with BSE Limited, Droneacharya confirmed that Kulkarni resigned to explore new professional opportunities.

Resignation Details

Kulkarni served as a Key Managerial Personnel (KMP) for the company. His last working day was July 31, 2026. The resignation was communicated to Managing Director Prateek Srivastava and other board members including Nikita Srivastava and Srinivas Rao.

The company stated that disclosures required under Schedule III of the SEBI Listing Regulations were attached to the intimation. This schedule mandates details regarding the reason for cessation and any relationships between directors, though no director relationships were applicable in this instance.

Regulatory Compliance

Droneacharya filed the intimation under two specific SEBI circulars: SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI/HO/CFD/CFD-PoD-2/CIR/2024/185 dated December 31, 2024. These circulars govern the disclosure norms for changes in key managerial personnel.

The filing was signed by Prateek Srivastava, Managing Director of Droneacharya Aerial Innovations Limited. The company has requested the stock exchange to take the matter on record. No successor has been named in the current disclosure.

What This Means

The exit of the Company Secretary creates an immediate vacancy in a critical compliance role. As a listed entity, Droneacharya must appoint a new qualified professional to ensure continued adherence to SEBI listing obligations. Until a replacement is appointed, the Board may need to manage compliance filings directly or through interim arrangements, which could impact the speed of regulatory disclosures if not handled efficiently.