The adjourned Board Meeting further adjourned to July 11, 2025 to consider and approve the Standalone and Consolidated financial statement for the half year and year ended March 31, 2025.
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Droneacharya Aerial Innovations has further postponed its Board Meeting — originally scheduled for May 30, 2025, then adjourned to June 6 and June 20 — to July 11, 2025. The meeting is meant to approve the audited standalone and consolidated financial statements for the half-year and full year ended March 31, 2025. The company cited delays in the audit process caused by resource constraints and extended internal review for compliance with accounting standards and regulatory requirements. The trading window for insiders remains closed until 48 hours after results are declared.
Repeated adjournments in approving audited annual results is a governance red flag that may worry investors about underlying audit complexities. The continued closure of the trading window restricts insider transactions until results are finally declared.