DroneAcharya Aerial Innovations has informed that the company signed a term sheet to acquire a majority stake in Aerophile Academy, a prominent DGCA-Certified drone pilot training center in South India. With a focus on strategic growth, DroneAcharya intends to hold 76% ownership in Aerophile, expanding its presence beyond Central, North and West India. This move aims to strengthen DroneAcharya's position as a leading Drone Pilot Training Organization in India. The signing of Term Sheet emphasizes their commitment to excellence and collaborating, aiming to elevate drone training standard nationwide.
The above information is a part of company’s filings submitted to BSE.
