Your Directors' have immense pleasure in presenting this 6^th Annual Report on the
business and operations of your Company along with the Audited Financial Statements
for the Financial Year ended March 31, 2025.

1. FINANCIAL RESULTS

The highlights of the financial performance of the Company for the Financial Year ended
March 31, 2025, as stated in the Audited Financial Statements, along with the
corresponding performance for the Previous Year are as under:

(Amount in Rs.
Thousand)

2. STATE OF YOUR COMPANY'S AFFAIRS

Drone Destination today operates an integrated "Everything Drones" platform focused
on DGCA-certified pilot training and Drone-as-a-Service (DaaS). In FY 2024-25, we
strengthened commercial deployments across agriculture, land and urban mapping,
infrastructure inspection, and surveillance, supported by an expanding network of
approved training organisations and proven field operations. Our offering spans end-to-
end mission planning, data capture, processing/analytics, and program management,
helping customers move from pilots to production with speed and compliance.
Headquartered in New Delhi and listed on NSE Emerge, Drone Destination continues to
advance safe, high-quality drone operations across agriculture, mapping, inspection
and surveillance, as well as education and recreation.

Simultaneously, Drone Destination focuses on DaaS, delivering tailor-made solutions for
agriculture spray, aerial surveying, and asset inspection services. Committed to
innovation, Drone Destination empowers individuals and industries through training and
DaaS offerings, shaping the future of drone technology.

3. PERFORMANCE OF YOUR COMPANY

The total income of your Company is Rs. 2,57,397.32(In Thousands) (- 21.09% YoY) during
the Financial Year 2024-25 as against the total income of Rs. 3,26,201.56 (In Thousands)
in the previous Financial Year 2023-24. The total expenditure is Rs. 3,46,030.35 (In
Thousands) (49.54% YoY) during the Financial Year 2024-25 as against Rs. 2,31,389.30 (In
Thousands) in the previous Financial Year 2023-24. Your Company has Loss after Tax of
Rs. -68,138.53 (In Thousands) during the Financial Year 2024-25 as against earned profit
after Tax of Rs. 70,821.02 (In Thousands) in the previous Financial Year 2023-24.

4. DIVIDEND AND TRANSFER TO RESERVES

Keeping in view the expansion of business of your Company, the Board of Directors of
your Company has decided not to recommend any dividend for the Financial Year
ended March 31, 2025. Further, there has been no transfer to general reserves.

In view of the losses, your Directors do not propose to transfer any amount to the General
Reserve.

5. CHANGE IN NATURE OF BUSINESS

During the year under review, there has been no change in your Company's nature of
business.

6. AMENDMENT IN MAIN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION
(MOA):

Your Company amended its object clause of its Memorandum of Association of the
Company with the addition of sub clauses 5, 6 and 7 after the existing sub clause 4 of
clause III (a) by passing a Special resolution in Extra Ordinary General Meeting on 18^th
March 2025. The approval/intimation letter was received from the MCA/ROC on 7^th April
2025.

7. MATERIAL CHANGES AND COMMITMENTS IF ANY AFFECTING THE FINANCIAL
POSITION OF YOUR COMPANY

There was no material change and commitment affecting the financial position of your
Company that occurred in between the Financial Year ended on March 31, 2025 and the
date of this report.

8. SHARE CAPITAL

During the period under review, there has been change in the Share Capital of your
Company.

a) AUTHORISED SHARE CAPITAL

The Authorised Share Capital of your Company was increased from Rs. 26,00,00,000/-
(Rupees Twenty Six Crores only) divided into 2,60,00,000 (Two Crore Sixty Lacs) Equity
Shares of Rs. 10/- (Rupees Ten) each to Rs. 30,00,00,000/- (Rupees Thirty Crores only)
divided into 3,00,00,000 (Three Crore) Equity Shares of Rs. 10/- (Rupees Ten) each on
dated 15^th May, 2024.

b) PAID UP SHARE CAPITAL

Presently, the Subscribed & Paid Up Share Capital of your Company is Rs. 24,39,99,980
(Rupees Twenty Four Crore Thirty Nine Lakhs Ninety Nine Thousand Nine Hundred and
Eighty) divided into 2,43,99,998 (Two Crore Forty Three Lakhs Ninety Nine Thousand Nine
Hundred and Ninety Eight) Equity Shares of Rs. 10 each.

Raising of funds by issuance of Warrants convertible into Equity Shares on a
private placement basis

Pursuant to the shareholders' approval received at the Extra-ordinary General Meeting
held on May 15, 2024 and In - Principle approval under Regulation 28(1) of Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015 dated September 9, 2024, your Company has issued 7,00,000 (Seven Lakhs Only)
Convertible Warrants ("Warrants"), at a price of 2 187/- (Rupees One Hundred Eighty
Seven Only) per warrant, aggregating upto 2 13,09,00,000/- (Rupees Thirteen Crores
Nine Lakhs Only) ("Total Issue Size"), with a right to the warrant holders to apply for and
be allotted 1 (One) fully paid-up equity share of the Company of face value 2 10.00/-
(Rupees Ten only), each at a premium of 2 177/- (One Hundred Seventy Seven only) per
share for each Warrant within a period of 18 (Eighteen) months from the date of allotment
of Warrants.

The Company allotted 1,00,000 Equity Shares of face value of Rs. 10/- (Rupees Ten Only)
upon conversion of 1,00,000 (One Lakh) Convertible warrant into Equity Shares

pursuant to receipt of warrant exercise price of 2 187/- (Rupees One Hundred and
Eighty-Seven Only) per warrant including premium of Rs. 177/- (Rupees One Hundred

and Seventy-Seven Only) on a preferential basis, by way of private placement on 31^st
December, 2024.

9. UTILIZATION OF FUNDS RAISED THROUGH PREFERENTIAL ISSUE OF EQUITY
SHARES/WARRANTS/CONVERSION OF WARRANTS:

During the Financial Year under review, your Company issued 7,00,000 (Seven Lakhs
Only) Convertible Warrants ("Warrants"), at a price of ^ 187/- (Rupees One Hundred
Eighty Seven Only) per warrant, aggregating upto ^ 13,09,00,000/- (Rupees Thirteen
Crores Nine Lakhs Only), out of which Rs 3,27,25,000/- being 25% of the said total
consideration was received on 21^st September 2024. Further amount of Rs 1,40,25,000/-
was received on 31^st December 2024 from two warrant holders (being 75% remaining
amount). The amount of these two warrant holders has been converted into equity
shares. Total amount received Rs. 4,67,50,000/- from warrant holder/equity shareholders
and the funds were remain unutilized.

10. UTILIZATION OF FUNDS RAISED THROUGH INITIAL PUBLIC OFFER

Your Company raised Rs. 44,20,00,000 by way of Initial Public Offer dated 21^st July, 2023.
The Company utilized Rs. 41,74,00,000 as per the objects specified in the prospectus
except an amount allocated for purchase of vehicle i.e Rs. 2,46,00,000 is still unutilised at
the end of the year.

11. PUBLIC DEPOSITS

During the Financial Year under review, the details relating to deposits, covered under
Chapter V of the Act,-

(a) accepted during the year: NA

(b) remained unpaid or unclaimed as at the end of the year: NA

(c) whether there has been any default in repayment of deposits or payment of interest
thereon during the year and if so, number of such cases and the total amount
involved- NA

(i) at the beginning of the year: NA

(ii) maximum during the year: NA

(iii) at the end of the year: NA

(iv) the details of deposits which are not in compliance with the requirements of
Chapter V of the Act: NA

12. WEB LINK OF ANNUAL RETURN

Annual Report for the F.Y 2024-25 will be available on our website i.e
www.thedronedestination.com.

13. DIRECTORS AND KEY MANAGERIAL PERSONNEL

During the period under review, the changes in status of Directors and/or Key Managerial
Personnel are as follows:

Pursuant to Section 149, 152 and other applicable provisions of the Companies Act, 2013,
two-third of such of the Directors as are liable to retire by rotation, shall retire every year
and, if eligible, offer themselves for re-appointment at every AGM. Consequently, Mrs.
Shashi Bala (DIN: 01547327) and Mr. Raminder Kumar Verma (DIN: 10064817), Directors
of your Company will retire by rotation at the ensuing AGM, and being eligible, offers
themself for re-appointment in accordance with provisions of the Act.

14. BOARD AND COMMITTEES' COMPOSITION AND THEIR MEETINGS

_Annual Evaluation of Directors, its Committees and Board:

The formal annual evaluation of the performance of the Board and that of its committees
has been carried out through a structured evaluation process covering various aspects
of the Board's functioning such as the Board structure & composition, effectiveness of
the Board process, information flow & functioning, quality of relationship between the
Board and the Management, establishment, and delineation of the responsibilities to
Committees etc. The performance of Individual Directors was evaluated on parameters
such as professional conduct, performance of duties, role and functions, contribution to
the Board / Committee etc. by self - evaluation process. The Directors were satisfied with
the evaluation results, which reflected the overall engagement of the Board and its
Committees with your Company.

As on the date, the Board of Directors of your Company comprises of total Five (5)
Directors. The composition of the Board of Directors is as under:

During the Financial Year under review, 13 (Thirteen) meetings were held by the Board of
Directors viz, 18^th April 2024, 19^th April 2024, 17^th May 2024, 24^th May 2024, 10^th July 2024, 18^th
July 2024, 21^st September 2024, 30^th October 2024, 14^th November 2024, 10^th December
2024, 31^st December 2024, 20^th February 2025 and 22^nd March 2025. Further, the intervening
gap between the Meetings was within the period prescribed under the Act.

Details of attendance of Directors in Board Meetings held during the Financial Year 2024¬
25 are as under:

Details of the attendance of Members of the Committees held during the
Financial Year 2024-25 are as under:

AUDIT COMMITTEE:

During the Financial Year under review, 12 (Twelve) meetings were held by the Audit
Committee viz, 18^th April 2024, 19^th April 2024, 17^th May 2024, 24^th May 2024, 10^th July 2024,
18^th July 2024, 30^th October 2024, 14^th November 2024, 10^th December 2024, 31^st December
2024, 20^th February 2025 and 22^nd March 2025. Further, the intervening gap between the
Meetings was within the period prescribed under the Act.

The composition of the Committee and the details of meetings attended by its
members are given below:

NOMINATION AND REMUNERATION COMMITTEE:

During the Financial Year under review, 4 (Four) meetings were held by the Nomination
and Remuneration Committee viz, 10^th July 2024, 18^th July 2024, 10^th December 2024 and
22^nd March 2025. Further, the intervening gap between the Meetings was within the period
prescribed under the Act.

The composition of the Committee and the details of meetings attended by its
members are given below:

STAKEHOLDER'S RELATIONSHIP COMMITTEE:

During the Financial Year under review, 1 (One) meeting was held by the Stakeholder's
Relationship Committee viz, 21^st September 2024.

The composition of the Committee and the details of meetings attended by its
members are given

below:

15. DISCLOSURE REGARDING CORPORATE SOCIAL RESPONSIBILITY (CSR)

Your Company believes Corporate Social Responsibility (CSR) is commonly defined as a
business model in which companies integrate social and environmental concerns in
their business operations and interactions with their stakeholders, instead of only
considering economic profits.

During the Financial Year under review, 1 (One) meeting was held by the Corporate Social
Responsibility Committee viz, December 10, 2024.

A brief outline of the CSR philosophy salient features of the CSR Policy of the Company,
the CSR initiatives undertaken during the Financial Year 2024-25 together with progress
thereon and the report on CSR activities in the prescribed format, as required under
Section 134(3)(o) read with Section 135 of the Act and the Companies (Corporate Social
Responsibility Policy) Rules, 2014, are set out in Annexure - I.

The composition of the Committee and the details of meetings attended by its
members are given below:

16. SEPARATE MEETING OF INDEPENDENT DIRECTORS

As stipulated by the Code of Independent Directors under Schedule IV under the
Companies Act, 2013 and the Listing Regulations, 2015, a separate meeting of the
Independent Directors of your Company was held on March 22, 2025 to review the
performance of Non-Independent Directors, the Board as whole and evaluation of
performance of your Company. The Independent Directors also reviewed the quality,
content and timeliness of the flow of information between the Management and the
Board and its Committees, which are necessary to effectively and reasonably perform
and discharge their duties.

17. STATUTORY DISCLOSURES

None of the Directors of your Company is disqualified as per the provisions of Section
164(2) of the Act. The Directors of your Company have made necessary disclosures, as
required under various provisions of the Act.

18. CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION

As required by the provisions of Companies Act, 2013, the relevant information pertaining
to conservation of energy, technology absorption and foreign exchange earnings and
outgo are given under:

(a) Conservation of energy- NA

(i) the steps taken or impact on conservation of energy;

(ii) the steps taken by your Company for utilising alternate sources of energy;

(iii) the capital investment on energy conservation equipments;

(b) Technology absorption-NA

(i) the efforts made towards technology absorption;

(ii) the benefits derived like product improvement, cost reduction, product development
or import substitution;

(iii) in case of imported technology (imported during the last three years reckoned from
the beginning of the Financial Year)-

(a) the details of technology imported;

(b) the year of import;

(c) whether the technology been fully absorbed;

(d) if not fully absorbed, areas where absorption has not taken place, and the
reasons thereof; and

(iv) the expenditure incurred on Research and Development.

(C) Foreign exchange earnings and Outgo:-

The details of earnings and outgo in Foreign Exchange during the Financial Year ended
March 31, 2025 are as follows:

Earnings: Nil

Outgo: 499.44 (In Thousands)

19. COMPLIANCES OF SECRETARIAL STANDARDS

During the Financial Year, your Company has duly complied with all the requirements as
laid down in the applicable Secretarial Standards.

20. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Act, your Directors, based on the representation as
provided to the Board by the management, confirm that:

a) in the preparation of the Annual Financial Statements for the Financial Year ended
March 31, 2025, the applicable accounting standards had been followed along
with proper explanation relating to material departures;

b) the directors had selected such accounting policies and applied them
consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of your Company
as on March 31, 2025, and of the profit & loss of your Company for the year under
review;

c) the directors have taken proper and sufficient care for the maintenance of
adequate accounting records in accordance with the provisions of the Act for
safeguarding the assets of your Company and for preventing and detecting fraud
and other irregularities;

d) the directors have prepared the Annual Financial Statements for the Financial
Year ended March 31, 2025 on a 'going concern' basis;

The directors have devised proper system to ensure compliance with the provisions of
all the provisions of all applicable laws and that such system was adequate and
operating effectively.

21. DECLARATION OF INDEPENDENCE BY INDEPENDENT DIRECTORS

The provisions of Section 149 of the Companies Act, 2013 with respect to the appointment
of Independent Directors are applicable to your Company for the Financial Year ending
March 31, 2025.

The Board, after undertaking due assessment of the veracity of the declaration
submitted by the Independent Directors under sub section (6) of Section 149 of the
Companies Act, 2013 was of the opinion that the Independent Directors meet the criteria
of independence, are independent from Management and have necessary integrity,
expertise, skills and experience required for their appointment as Independent Director.

As required vide Rule 6 (1) & (2) of the Companies (Appointment and Qualifications of
Directors) Rules, 2014 they have registered their names in the Independent Directors'
Databank maintained by the Indian Institute of Corporate Affairs. Based on the
declarations received from the Directors, the Board confirms, that the Independent
Directors fulfil the conditions as specified under Schedule V of the Listing Regulations and
are independent of the management. The Board of Directors are of the opinion that Mr.
Rajiv Ahuja and Mr. Satendra Singh, Independent Directors of your Company meet the
necessary criteria for continuing as Independent Directors of your Company.

22. STATUTORY AUDITORS

Pursuant to the provisions of Section 139 of the Act and the rules framed thereunder, M/s
GAMS & Associates LLP, Chartered Accountants (Firm Registration No. N500094), were
appointed as Statutory Auditors of your Company to hold office from the conclusion of
1^st Annual General Meeting ("AGM") for a period of five years till the conclusion of the 6^th
AGM of your Company to be held in the year 2025.

As the tenure of the Statutory Auditor will conclude till 6^th AGM of the Company, hence
pursuant to the provisions of Section 139(2) and other applicable provisions, if any, of the
Companies Act, 2013 and the Rules framed there under, GAMS & Associates LLP,
Chartered Accountants (Firm Registration No. N500094), be and are hereby reappointed
as Statutory Auditors of the Company, to hold office from the conclusion of this Annual
General Meeting until the conclusion of the 11^th Annual General Meeting of the Company
to be held in the year 2030.

23. STATUTORY AUDITORS' REPORT

The Statutory Auditors' Report does not contain any qualification, reservation or adverse
remark. Further, the observations of the Auditors in their report read together with the
Notes to Financial Statements are self-explanatory and therefore, in the opinion of the
Board of Directors, do not call for any further explanation.

24. PARTICULARS OF LOANS, INVESTMENTS AND GUARANTEES

During the period under review, there is no transactions covered under section 186 of the
Companies Act, 2013.

25. RELATED PARTY TRANSACTIONS

All Related Party Transactions that were entered into during the Financial Year under
review were on an arm's length basis and in the ordinary course of business. Disclosures
as required under Section 134(3)(h) read with Rule 8(2) of the Companies (Accounts)
Rules, 2014, are provided in the Form AOC-2 which is annexed herewith as "Annexure II"
and forms part of this Report.

26. RISK MANAGEMENT POLICY

Your Company has laid down a well-defined Risk Management Mechanism covering the
risk mapping and trend analysis, risk exposure, potential impact and risk mitigation
process. A detail exercise is being carried out to identify, evaluate, manage and
monitoring of both business and non-business risks. The Board reviews the risks and
suggests steps to be taken to control and mitigate the same through a properly defined
framework.

Your Company has Risk Management Policy and it is available on your Company's
website i.e. www.thedronedestination.com.

27. CORPORATE GOVERNANCE

As per Regulation 15 read with Regulation 27 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 relating to Corporate Governance Disclosure does not
apply to your Company listed on the SME platform. Hence, your Company is not required
to make disclosures in Corporate Governance Report.

28. ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE
FINANCIAL STATEMENTS

Your Company has in place adequate internal financial controls with reference to
financial statements. The internal financial controls with reference to the Financial
Statements are adequate in the opinion of the Board of Directors.

Also, your Company has a proper system of internal controls to ensure that all assets are
safeguarded and protected against loss from unauthorized use or disposition and that
transactions are authorized, recorded and reported correctly.

During the Financial Year 2024-25, such controls were tested and no reportable material
weakness in the design or operation was observed.

29. VIGIL MECHANISM / WHISTLE BLOWER POLICY

Your Company is committed to adhere to the highest standards of ethical, moral and
legal conduct of business operations and in order to maintain these standards, your
Company encourages the employees to voice their genuine concerns without fear of
censure, therefore Company's ultimate holding Company has built in and set up the Vigil
Mechanism Policy applicable to your Company, according to which all the directors,
employees of your Company including third party, are eligible to make disclosures under
the mechanism in relation to the matter concerning your Company.

Details of the Whistle Blower Policy are made available on your Company's website
www.thedronedestination.com.

30. DETAILS OF SUBSIDIARIES/JOINT VENTURES/ASSOCIATES COMPANIES

During the period under review, your Company has one foreign subsidiary in terms of
Section 2(87) of the Act in the name of "Drone Destination Europe Limited" incorporated
on 18^th August, 2025 at Cyprus. Therefore, the statement containing the salient features
of the financial statement of subsidiaries, associates or joint ventures under the first
proviso to sub-section (3) of section 129 of the Companies Act, 2013 in Form AOC-1 is not
applicable.

Following are the Companies in which Director's has the common shareholding:

31. BUSINESS RESPONSIBILITY REPORT

Pursuant to Regulation 34 of the Listing Regulations, 2015, Business Responsibility Report
is not applicable to your Company.

32. COST RECORDS

Maintenance of cost records as specified by the central government under sub-section
(l) of Section 148 is not applicable to Company.

33. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

The Company has adopted a Policy under the Sexual Harassment of Women at
Workplace (Prevention, Prohibition, and Redressal) Act, 2013 and rules framed
thereunder. The Company is committed to provide a safe and secure environment to its
women employees across its functions and other women stakeholders, as they are
considered as integral and important part of the organization. An Internal Complaints
Committee (ICC) with requisite number of representatives has been set up to redress
complaints relating to sexual harassment, if any, received from women employees and
other women associates. All employees (permanent, contractual, temporary, trainees)
are covered under this policy, which also extends to cover all women stakeholders of
your Company. The following is the summary of sexual harassments complaints
received and disposed off during the Financial Year ended March 31, 2025.

No. of Complaints Received - Nil

No. of Complaints disposed off - Nil

No. of Cases Pending for more than 90 Days - Nil

No. of Workshops of awareness program against sexual harassment carried out : Mention
Any T raining Program conducted during year under review Nature of action taken by the
employer or district officer ; Nil.

34. PARTICULARS OF EMPLOYEES

The disclosure as required under Section 197(12) of the Act, read with Rule 5(l) of the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are
annexed herewith as "Annexure III" and forms part of this Report.

35. SECRETARIAL AUDITOR AND IT'S REPORT

The Annual Secretarial Compliance Report, as required under Regulation 24A of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI
Circular No.: CIR/CFD/CMD1/ 27/2019 dated 8th February, 2019, is not applicable to our
Company due to the exemption provided under Regulation 15(2) of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. The shares of the
Company are listed on SME Emerge Platform of National Stock Exchange of India Limited.

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014, your Company
appointed Mr. Arvind Kumar Roy, the proprietor of M/s. A. K. Roy & Associates, Company
Secretaries (FCS No. F8308; CP No.: 9147), to undertake the Secretarial Audit of your
Company for the Financial Year 2024- 25.

There are no disqualifications, reservations, adverse remarks, or disclaimers in the
Secretarial Auditor's report except the following observation:

During the period, the Company has not filed charge form against the vehicle with MCA,
however those loans were treated as secured loans because on the registration
certificates of the vehicles, hypothecation has been marked.

Director's Comment: The issue has already discussed by the board of directors.

The Report of the Secretarial Audit Report is furnished herewith in Annexure IV.

36. DETAILS OF FRAUD IF ANY, REPORTED BY AUDITORS

During the Financial Year under review, the Statutory & Secretarial Auditors have not
reported any incident of fraud to the Board of Directors of your Company, pursuant to
the provisions of Section 143(12) of the Companies Act, 2013.

37. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR
COURTS

There are no significant or material orders passed by the Regulators/ Courts which would
impact the going concern status of your Company and its operations in future.

38. DETAILS OF APPLICATIONS MADE UNDER THE INSOLVENCY AND
BANKRUPTCY CODE, 2016

The above clause is not applicable to your Company as your Company has neither
made any application nor any proceeding is pending under the Insolvency and
Bankruptcy Code, 2016 during the Financial Year 2024-25.

39. THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT
THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING
LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE
REASONS THEREOF.

The above clause is not applicable to your Company as your Company has not entered
into any settlement from Banks or Financial Institutions during the year under review.

40. CODE OF CONDUCT AS PER SEBI (PREVENTION OF INSIDER TRADING)
REGULATIONS, 2015

The Board of Directors has laid down the Code of Practices and Procedures for Fair
Disclosures of Unpublished Price Sensitive Information as per Regulation 8(1) of SEBI
(Prevention of Insider Trading) Regulations, 2015 & Code of Conduct to Regulate, Monitor
and Report trading by the Designated Persons as per Regulation 9(1) of SEBI (Prevention
of Insider Trading) Regulations, 2015.

41. CAUTIONARY STATEMENT

Statements in the Board's Report and the Management Discussion & Analysis Report
describing your Company's objectives, expectations or forecasts may be forward¬
looking within the meaning of applicable securities laws and regulations. Actual results
may differ materially from those expressed in the statement. Important factors that
could influence your Company's operations include global and domestic market
conditions affecting cost as well as the selling prices of the services, changes in
government regulations, tax laws, economic developments within the country and other
factors such as litigation and industrial relations.

42. ACKNOWLEDGEMENTS

Your Directors would like to express their sincere appreciation for the co-operation and
assistance received from the Bankers, Regulatory Bodies, Customers and other business
associates who have extended their valuable sustained support and encouragement
during the Financial Year under review

By Order of the Board of Directors
For Drone Destination Limited

Sd/- Sd/-

CHIRAG SHARMA SHASHI BALA

^Place* ^{New Delhl} MANAGING DIRECTOR DIRECTOR

^{Date: 02092025} DIN: 05271919 DIN: 01547327