Akshata Sharma
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The company said its board has approved the proposal to set up the subsidiary with authorised share capital of INR 5 Cr.
The subsidiary will primarily offer Drone as a service (DaaS) for shipment movement and remote sensing.
Besides, it will also be engaged in manufacturing, production and selling unmanned aerial vehicles (UAVs) globally. For this, it will outsource the manufacturing and procurement of composite airframe components, quality testing, flight trials as well, the filing added.
Delhivery Robotics India will also provide UAV pilot training, certifying pilots for internal use and obtaining a licence from the DGCA.
Delhivery also said that its board, in its meeting today, approved the liquidation of its UK-based wholly-owned subsidiary Delhivery Corp Ltd. “Delhivery Corp is not a material subsidiary of the company, and the dissolution of Delhivery Corp will not affect the turnover/revenue of the company,” Delhivery said in a separate filing.
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