Approval to acquire 49% Shares of DroneAcharya Miltech Private Limited.
Price
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The board of Droneacharya Aerial Innovations approved acquiring the remaining 49% stake in DroneAcharya Miltech Private Limited on May 30, 2025. After this buyout, DroneAcharya Miltech will become a wholly owned subsidiary of the listed company. The target has a paid-up capital of just Rs 1 lakh, was incorporated in April 2024, and has reported no turnover so far. The deal is a related party transaction being done at arm's length, will be completed within 90 days, and involves a cash consideration of only Rs 49,000. The acquisition is aimed at expanding the company's scope in the manufacturing and services sector.
The financial impact is negligible given the tiny deal size, but it consolidates the group structure by converting the subsidiary into a wholly owned entity, giving Droneacharya full operational control over its manufacturing and services arm. Shareholders should view this as a small internal restructuring rather than a value-accretive move on its own.