Monday, May 22, 2023

Drone Destination: India's largest drone trainer and leading Drone-as-a-Service company files DRHP with NSE Emerge

Drone Destination Limited, India's trailblazing Drone Pilot Training and Drone-as-a-Service (DAAS) company, has made a significant announcement with the filing of its Draft Red Herring Prospectus (DRHP) on May 20th, 2023. The company, recognized as the country's first DGCA-authorised Drone Training Organization under the new Drone Rules 2021, is gearing up to list its shares on the prestigious SME Platform of the National Stock Exchange (NSE Emerge).

Narnolia Financial Services Limited has been appointed as the lead manager to the issue, with Longview Research and Advisory and PLS Capital Consultants Pvt Ltd serving as the Advisors to the Issue.

Under the visionary leadership of a distinguished management team boasting extensive civil aviation experience, Drone Destination has become the go-to choice for esteemed clients seeking cutting-edge drone services. With an impressive range of offerings that include comprehensive drone pilot training and advanced aerial solutions for surveying, mapping, and surveillance, the company has earned the trust of industry giants such as Reliance, Tata, Airbus, ITC, Aditya Birla Group, and Bayer.

What truly sets Drone Destination apart is its unwavering commitment to regulatory compliance and industry expertise. The company's management team actively engages with government committees related to aviation, ensuring unmatched knowledge and adherence to evolving drone regulations. This dedication has positioned Drone Destination as a trusted leader in the drone industry, sought after for its unparalleled professionalism and adherence to safety protocols.

22/05/2023 ZeeBiz

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