MoneyWorks4Me

DroneAcharya Aerial Innovations gets nod to acquire balance 49% stake in PYI Technologies

24 May 2025 Evaluate

DroneAcharya Aerial Innovations has received approval to acquire balance 49% stake from existing Shareholder(s) of PYI Technologies. Post acquisition, PYI Technologies would become a Wholly Owned Subsidiary of the company. The acquisition will expand the scope of business in Drone Manufacturing, trading and drone training. Cost of acquisition is Rs 49,000. The said acquisition is expected to be completed within 90 days. The Board of Directors of the company at its meeting held on May 14, 2025, has approved the same. 

DroneAcharya Aerial Innovations provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training. 


Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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