Nitiraj Engineers Limited confirmed that its promoter group has not created any encumbrance on shares, directly or indirectly, during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited in compliance with regulatory requirements.

The confirmation was provided by Mr. Rajesh Raghunath Bhatwal, a promoter of the company, on behalf of the promoter and promoter group. The declaration was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

The filing explicitly states that no new encumbrances have been made other than those already disclosed during the financial year. This regulatory filing ensures transparency regarding the holding status of the promoter group.

Key Disclosure Details

The Managing Director of nitiraj engineers , Mr. Rajesh Bhatwal, forwarded the disclosure to the exchange. The document was signed and submitted on April 04, 2026.

Nitiraj Engineers has received approval from the Directorate General of Civil Aviation (DGCA) for its agricultural drone model, the NADR10. This regulatory clearance marks a significant development for the company as it advances its presence in the agricultural drone segment under India's civil aviation framework.

DGCA Approval for NADR10

The DGCA approval for the NADR10 agricultural drone model is a key regulatory milestone for Nitiraj Engineers. The Directorate General of Civil Aviation is the apex body in India responsible for regulating civil aviation activities, and its approval is a mandatory requirement for the operation and commercialisation of drone models in the country.

Significance of the Development

Securing DGCA clearance for the NADR10 positions Nitiraj Engineers to operate its agricultural drone model in compliance with India's civil aviation regulations. The agricultural drone segment has been gaining regulatory attention in India, with the DGCA playing a central role in certifying drone models intended for use in the sector. This approval underscores the company's commitment to meeting the requisite standards set by the regulatory authority for drone operations in agriculture.