The Company has submitted intimation of Appointment of Statutory Auditors along with Outcome of Board Meeting
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The board of Droneacharya Aerial Innovations met on November 18, 2025 and approved several items. The key item is the appointment of M/s. Haziyani & Associates, Chartered Accountants (FRN: 030087C) as the new Statutory Auditors, filling a casual vacancy caused by the resignation of the previous auditors. The new auditors will serve until the conclusion of the 9th Annual General Meeting for FY 2025-26, subject to shareholder approval. The board also approved remuneration for Managing Director Mr. Prateek Srivastava and CFO & Director Mrs. Nikita Srivastava in case of inadequate profits. Additionally, Bigshare Services was appointed as e-voting agency for the upcoming Extraordinary General Meeting.
The previous statutory auditors resigned mid-term, which raises a governance flag. Shareholders will need to approve the new auditor at the upcoming EGM. The inadequate-profits remuneration approval suggests the company may not be profitable enough to pay managerial remuneration under normal limits.