Droneacharya Aerial Innovations Ltd.

3 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Appellant No.1 permitted preferential issue of 10,11,000 shares with bold conspicuous disclosure of SEBI order and appeal pendency signed by investors
Prayers for Rs.6 crore NCDs/CCDs and blanket debt facility clarification not granted

SAT-appeal

SAT matter SATV-1997CC52BC2DC99646D1E28E
Order reserved for interim relief
Appeal: Miscellaneous Application No. 108 of 2026 in Appeal No. 549 of 2025; heard on 2 February 2026 and reserved for interim relief
SAT matter SATV-3B2DC20D4F65F43CE2678539
By consent, list the appeal on 6 July 2026
Appeal: Appeal No. 549 of 2025; on 23 June 2026, by consent, matter listed for 6 July 2026
Alleged mis-utilisation of IPO funds and misrepresentation in financial statements as per SCN leading to SEBI debarment and penalties.
Misc Application No.108 of 2026 allowed in part, no costs · Appellant No.3 permitted to sell mutual funds listed in prayer (e) to raise money
Appeal: Appeal No.549 of 2025 against SEBI order dated 20 Nov 2025 admitted and pending; stay of recovery on 50% penalty deposit on 19 Dec 2025; Misc Appl No.108 of 2026 allowed in part on 3 Feb 2026

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Source: SecMarx — Droneacharya Aerial Innovations Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.