DroneAcharya Aerial Innovations Limited has appointed two new Independent Directors to its Board of Directors, effective December 31, 2025. The appointments were approved during a Board meeting held at the company's registered office in Pune, Maharashtra.

New Board Appointments

The company appointed Mrs. Meenakshi Gupta and Mr. Shyam Jedhe as Non-Executive Independent Directors to fill casual vacancies on the Board. These appointments are subject to approval from the company's shareholders.

Director Profiles and Qualifications

Mrs. Meenakshi Gupta brings over 21 years of post-qualification experience as a Chartered Accountant. Her expertise spans audit and assurance, Ind AS advisory, corporate and allied laws, direct taxation, regulatory compliance, and people leadership. She has extensive experience with statutory audits of BSE and NSE listed entities, tax and internal audits, and governance advisory services. Her background includes experience with Deloitte Haskins & Sells, providing her with exposure to global audit methodologies and international best practices.

Mr. Shyam Jedhe is a seasoned finance leader with nearly three decades of experience across financial operations, corporate finance, controllership, and strategic leadership. He has worked extensively with multinational and high-growth organizations, demonstrating strong business acumen and hands-on leadership. His notable tenure includes serving as Global Controller and Factory Commercial at Siemens Ltd., where he strengthened his expertise in global finance operations and manufacturing finance. He holds a Master's degree in Financial Management with an engineering background and has completed executive education programs from IIM Calcutta, IIM Ahmedabad, and IIM Bangalore.

Committee Reconstitution

Following the new appointments, DroneAcharya reconstituted its Board committees to ensure compliance with the Companies Act, 2013 and SEBI LODR Regulations, 2015.

Audit Committee

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Regulatory Compliance

Both newly appointed directors satisfy the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed that neither Mrs. Gupta nor Mr. Jedhe are debarred from holding the office of Director by any regulatory authority. Additionally, both directors are not related to any existing Director of the company as defined under Section 2(77) of the Companies Act, 2013.

The Board meeting commenced at 2:00 PM and concluded at 4:15 PM on December 31, 2025. The company also considered and fixed the date, venue, and time for convening an Extra-Ordinary General Meeting to seek shareholder approval for these appointments.

DroneAcharya Aerial Innovations has issued an official clarification under Regulation 30 addressing false and misleading information circulating on digital platforms regarding the company. The drone technology and training services provider has taken formal steps to address misinformation that may mislead investors and the public.

Company's Response to False Information

The company has identified that certain false, misleading, and negative information is being circulated on social media platforms and other forums. DroneAcharya stated that this information is factually incorrect and presented in a manner that may mislead investors and the public. The company believes such information is being disseminated with the apparent intent of defaming the company and creating unwarranted speculation.

Regulatory Compliance and SAT Stay Order

The company has reaffirmed that all its disclosures have been accurate, factual, and in full compliance with applicable laws and regulatory requirements. A key development highlighted in the clarification involves the stay order granted by the Securities Appellate Tribunal (SAT) against the levy of penalty by SEBI.

Investor Advisory and Caution

DroneAcharya has specifically advised investors and the public to exercise due caution and rely solely on disclosures made by the company to stock exchanges and statutory filings for authentic information. The company emphasized that stakeholders should refrain from believing, circulating, or acting upon rumors or unverified content appearing on social media platforms or other sources.

The clarification was signed by Prateek Srivastava, Managing Director, and submitted as an official regulatory disclosure. As the matter involving the SAT stay order is presently sub judice, the company stated it is constrained from making detailed statements beyond the clarification provided.