Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
DroneTech Startup AITMC Pre-Files DRHP For INR 200 Cr IPO
AITMC, a drone technology startup, has pre-filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹200 crore Initial Public Offering (IPO). The IPO aims to raise capital to scale R&D, expand production, and enter international markets. This move reflects growing investor confidence in Indian drone startups and the regulatory clarity surrounding technology-driven aerospace ventures. The IPO would position AITMC as a publicly listed entity, enhancing transparency and providing liquidity options for early investors.