Dynamatic Technologies has formally announced the signing of a Memorandum of Understanding (MoU) with Aerodata AG to develop unmanned airborne surveillance and reconnaissance solutions for the Indian region. The strategic German-Indian partnership was formalized on April 22, 2026, through a ceremony where Neset Tukenmez, CEO of Aerodata, and Udayant Malhoutra, CEO of Dynamatic Technologies Limited, signed the agreement. The company informed stock exchanges on April 23, 2026, under Regulation 30.

Partnership Framework

The collaboration centers around Aerodata's modular AeroForce X platform, a MALE UAS (Medium Altitude Long Endurance Unmanned Aircraft System) designed for demanding Intelligence, Surveillance, and Reconnaissance missions. The partnership brings together Dynauton Systems, a division of Dynamatic Technologies focusing on unmanned systems development, with Aerodata's expertise in airborne surveillance technology.

Technical Capabilities and Market Focus

The AeroForce X platform combines high payload capacity with extended endurance capabilities, making it particularly suitable for long-duration ISR missions. Both companies will jointly evaluate how the platform can be further developed and deployed to meet specific requirements of the Indian market, with particular emphasis on surveillance and reconnaissance tasks in the Himalayas and Indian Ocean Region. Dynauton will contribute its extensive engineering and manufacturing expertise in unmanned systems, while Aerodata brings its experience in integrating complex airborne surveillance and reconnaissance systems.

Executive Perspectives

Neset Tukenmez, CEO of Aerodata AG, emphasized the strategic importance of the collaboration, stating that the MoU represents "a meaningful step towards further developing AeroForce X in collaboration with Dynauton specifically for ISR missions in the Himalayas and Indian Ocean Region. By combining the core strengths of both companies, this partnership creates a solid foundation for the comprehensive development and implementation of high-performance, unmanned reconnaissance solutions."

Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies Limited, highlighted the partnership's potential, explaining that "the collaboration with Aerodata enables us to build on a high-performance platform and jointly develop a future-oriented solution for demanding surveillance and reconnaissance tasks."

Strategic Implications

This partnership represents Dynamatic Technologies' continued expansion in the defence technology sector through its Dynauton Systems division, established in 2023 as a deep-tech startup. The collaboration leverages Dynauton's engineering and manufacturing expertise in unmanned systems alongside Aerodata's experience in complex airborne surveillance and reconnaissance systems integration, positioning both companies to address the growing demand for advanced ISR solutions in the Indian defence market. The MoU marks the start of a partnership-based German-Indian collaboration offering long-term prospects for developing innovative and high-performance unmanned systems.

Dynamatic Technologies Limited has submitted a revised XBRL filing for its annual results following queries from the National Stock Exchange of India regarding financial results submission compliance.

Revised Filing Submission

The company submitted the revised XBRL filing on 15 April 2026, addressing concerns raised by the exchange in their email dated 26 June 2025 regarding the financial results originally submitted on 27 May 2025. The clarification was signed by Shivaram V, Chief Legal Officer and Company Secretary, confirming that both machine-readable and legible copies of the financial results were provided.

Board Meeting Outcomes

The Board of Directors meeting held on 27 May 2025 at JKM Plaza, Dynamatic Aerotropolis, Bangalore, addressed several significant matters:

The meeting commenced at 15:30 IST and concluded at 19:15 PM IST, with all decisions made in accordance with SEBI Listing Regulations.

Secretarial Auditor Appointment

Based on the Audit Committee's recommendation, the Board approved the appointment of Ratish Tagde & Associates as Secretarial Auditors for five consecutive years. The appointment details include:

• Firm: Ratish Tagde and Associates (CP No. 22018)
• Term: Five consecutive years from FY 2025-26 till FY 2029-2030
• Approval Required: Subject to shareholders' approval at the ensuing Annual General Meeting
• Experience: Over two decades in corporate laws, SEBI regulations, FEMA, and RBI matters
• Qualifications: Fellow member of ICSI with valid Peer Review Certificate

Ratish Tagde, the Company Secretary-in-Practice, established his practice in 2002 and is based in Mumbai. The firm maintains quality standards through ICSI Quality Review processes.

Regulatory Compliance

Pursuant to Regulation 33(3)(d) of the SEBI Listing Regulations, 2015, the company declared that M/s Deloitte Haskins & Sells, LLP, the Statutory Auditors, issued an unmodified opinion on the annual accounts for the year ended 31 March 2025. This declaration ensures compliance with regulatory requirements for financial reporting transparency.

The company has requested both exchanges to take the clarification and related enclosures on record, demonstrating its commitment to maintaining proper regulatory compliance and transparent financial reporting practices.