Drone stock to watch after company announces 1:5 stock splitDrone stock to watch after company announces 1:5 stock split

Introduction:

Leading drone technology company announced on January 30, 2025, the relocation of its registered office from Pune to Gurgaon, Haryana, subject to regulatory approvals. A 1:5 stock split was also approved to boost liquidity and attract small investors.

Also Read: Stocks To Watch For Budget 2025

Share price movement of DroneAcharya Aerial:

On January 31, 2025, Droneacharya Aerial Innovations Ltd opened at ₹102.50, 0.58% down from its previous close of ₹103.10. The stock reached a high of ₹104.00 and a low of ₹101.20. By 1:05 PM, it traded at ₹103.10, maintaining a market cap of ₹247.32 crore.

DroneAcharya Approves Stock Split:

DroneAcharya Aerial Innovations Ltd. held its Board Meeting on January 30, 2025, where the Board approved the relocation of the company’s registered office from Pune, Maharashtra, to Gurgaon, Haryana. The move is subject to regulatory approvals.

In a bid to increase liquidity and attract small investors, the company also announced a 1:5 stock split, reducing the face value of each equity share from Rs. 10 to Rs. 2. The record date will be announced later.

Additionally, the Board acknowledged the resignation of Mr. Harshal J Kher from the role of Company Secretary and Compliance Officer, effective January 31, 2025. The company has attached the necessary disclosures as required by SEBI regulations.

Recent news on DroneAcharya Aerial:

As of January 23, 2025, DroneAcharya Aerial Innovations Ltd signed a term sheet with AVPL International to form a joint venture, ‘AVPL DroneAcharya.’ The collaboration aims to enhance drone manufacturing for applications in agriculture, surveillance, and logistics.

Stock performance of DroneAcharya Aerial for Period of 1 week, 6 months and 1 year:

DroneAcharya Aerial Innovations Ltd has experienced a decline in its stock performance, with a 6.40% decrease over the past week, a 25.8% drop over the last six months, and a significant 43.8% fall over the past year, indicating a downward trend.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of DroneAcharya Aerial:

All values in %	Sep 2024	Mar 2024
Promoter	28.20%	28.20%
FII	1.60%	2.00%
DII	0.00%	0.00%
Public	70.20%	69.80%

About DroneAcharya Aerial:

Droneacharya Aerial Innovations Ltd. (BSE: 543713), established in 2017, offers drone operation training, maintenance services, and consultancy. Key services include DGCA-certified pilot training, aerial cinematography, land surveying, and specialized solutions in collaboration with SPH Engineering.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.