Aerpace Industries Approves 102-For-100 Merger With Robotics Arm

Board approved merger of Aerpace Robotics into company at 102 shares for every 100 held; allotted 8,65,322 shares on RSU exercise, capital to 15.47cr shares; granted 5L RSUs to director. First group simplification absorbing drone/robotics affiliate that funded build via related-party loans; pairs solar with manned-unmanned platforms for aerial mobility push. Swap is all-share but dilution quantum undisclosed; needs NCLT, shareholder, creditor and exchange nods; timeline, valuation and combined financial effect not disclosed.