DroneAcharya Aerial Innovations Limited has secured regulatory approval for its 8th Remote Pilot Training Organization, marking another milestone in the company's expansion across India's drone training sector. The Directorate General of Civil Aviation (DGCA) granted approval for the new facility located at Ramnagar, Uttarakhand, through its Certificate of Authorization dated February 04, 2026.

DGCA Approval Details

The company received the DGCA Certificate of Authorization on February 05, 2026, officially enabling operations at the Uttarakhand facility. This approval allows the center to conduct certified drone pilot training programs under DGCA regulations.

Expanded Geographic Presence

With the Uttarakhand facility, DroneAcharya Aerial Innovations Limited now operates DGCA-approved drone pilot training centers across eight states. The company's training network spans Maharashtra, Gujarat, Rajasthan, Punjab, Karnataka, Uttar Pradesh, Tamil Nadu, and Uttarakhand, providing comprehensive coverage across multiple regions.

Training Program Portfolio

The training centers offer a diverse range of drone-related educational programs designed to meet industry demands. In addition to DGCA-certified drone pilot training, the facilities provide specialized courses covering various aspects of drone technology and applications.

Core Training Programs

• DGCA-certified drone pilot training
• Drone Building courses
• Drone Data Processing and GIS
• Aerial Cinematography programs

Application-Specific Programs

• Drones in Agriculture
• Drones in Disaster Management
• Other specialized drone applications

Industry Development Focus

The expansion reflects the company's commitment to developing skilled professionals for India's growing drone industry. The training programs aim to nurture talent across multiple specializations, including drone pilots, data analysts, developers, and entrepreneurs. Through these comprehensive educational offerings, the company contributes to building a capable workforce to support India's vision of becoming a global leader in drone innovation and deployment.

DroneAcharya Aerial Innovations Limited has received interim relief from the Securities Appellate Tribunal (SAT), enabling the company and its promoters to raise funds for working capital requirements and execution of time-bound work orders. The order, dated February 03, 2026, provides specific permissions while the main appeal against SEBI remains pending.

SAT Order Details

The Securities Appellate Tribunal, Mumbai, passed the interim relief order in Miscellaneous Application No. 108 of 2026 in Appeal No. 549 of 2025. The application was filed by the company and its promoters seeking specific interim reliefs to address operational funding requirements.

Permitted Fund Raising Activities

The SAT order grants the following specific permissions to address the company's funding needs:

• Preference Share Issue: The company can raise funds through preference share issues with mandatory disclosure of SEBI's order dated November 28, 2025, and the pendency of the current appeal to prospective investors
• Share Pledging: Promoters Mr. Prateek Srivastava and Mrs. Nikita Srivastava can pledge their shares with banks and financial institutions strictly for raising working capital and executing existing time-bound orders
• Asset Liquidation: Mrs. Nikita Srivastava is permitted to liquidate her mutual fund investments

Background and Ongoing Proceedings

The interim relief order follows the company's previous communication dated December 20, 2025, regarding a stay order on penalty recovery. The main appeal against SEBI's order dated November 28, 2025, continues to remain pending for final adjudication before the tribunal.

Compliance and Disclosure

The company has made the announcement in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the Industry Standards Format (ISF) adopted for uniform disclosures across listed entities, ensuring transparency regarding the tribunal's decision and its implications for the company's operations.