Droneacharya Aerial Innovations Limited hereby informs that the Board of Directors, at its meeting held on 14th May 2025, has considered and approved the rescinding of the earlier decisions regarding: (i) the strategic merger with AITMC Ventures Ltd; (ii) shifting of the registered office from Pune, Maharashtra to Gurgaon, Haryana; and (iii) the stock split of equity shares from Rs. 10/- to Rs. 2/- per share. Further, the Board has approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. Additionally, the Board has appointed CS Adhir Sunil Kuntawar as the Company Secretary and Compliance officer of the company and the Board has considered and approved to acquire balance 49% stake from existing Shareholder(s) of M/s PYI Technologies Private Limited.