Announced Fri, 14 Nov · 21:30 IST

The Board of Directors of the Company has approved the appointment of the Company Secretary and Compliance Officer in the Board Meeting held on 14th November, 2025, please find enclosed ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Droneacharya Aerial Innovations (BSE: 543713) held a board meeting on November 14, 2025 where it approved standalone and consolidated unaudited financial results for H1 FY26 (ended September 30, 2025) with an unqualified limited review report. Standalone revenue from operations rose to ₹957.93 lakhs (vs ₹761.82 lakhs in H1 FY25), and the company swung to a profit of ₹193.70 lakhs (EPS ₹0.81), compared to a loss of ₹1,346.73 lakhs in full-year FY25. The board appointed Mr. Jayesh Sharad Kulkarni as the new Company Secretary and Compliance Officer (KMP) and replaced the internal auditor with M/s. Gita Kulkarni & Associates after M/s. Veena Agrawal and Associates resigned. It also approved new secretarial auditors, noted H1 related-party transactions, and increased the company's borrowing powers.

Likely market impact

Return to profitability in H1 FY26, with revenue growth and a swing from a FY25 loss to a half-year profit, is a positive sign for shareholders. Internal auditor change and new KMP strengthen governance, while higher borrowing limits signal possible future expansion or capex plans that may warrant closer monitoring.