Drone Destination Ltd. Company History and Annual Growth Details

The Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of ÂDrone Destination Private LimitedÂ bearing Corporate Identification Number U60200DL2019PTC349951 dated May 10, 2019 issued by the Registrar of Companies, Delhi. Subsequently, the Company was converted into public limited company pursuant to a shareholdersÂ resolution passed at an Extra-Ordinary General Meeting held on April 29, 2023, and name of the Company was changed to ÂDrone Destination LimitedÂ and a fresh Certificate of Incorporation dated May 04, 2023 was issued by Registrar of Companies, Delhi. As on date of this Red Herring Prospectus, the Corporate Identification Number of the Company is U60200DL2019PLC349951.

KEY EVENTS AND MILESTONES:

2019

- Incorporation of the Company

2020

- Collaboration with IGRUA for establishing Remote Pilot Training Organisation

2022

- Collaboration with NSDC for providing joint certification on drone related courses

- Collaboration with IFFCO for establishing Remote Pilot Training Organisation

2023

- Conversion from Private Limited to Public Company and consequently name changed from ÂDrone Destination Private LimitedÂ to ÂDrone Destination LimitedÂ.

2024
-Drone Destination has won a contract from Bangalore Development Authority (BDA) for conducting Drone Survey & 3D Model Generation for BDA Area.
-Drone Destination and IFFCO sign a MOA to execute India''s largest drone-spray services project for upto 30 lakh acres.
- Drone Destination received Purchase Order of Rs. 1,43,36,000 from Chambal Fertilisers and Chemicals Limited for purchase of 20 Agriculture Spray Drones & supporting accessories and training.

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