Jyoti Global Plast Limited has entered into a lease agreement to establish and operate a drone integration and development unit in Bengaluru, marking a diversification into unmanned aerial vehicle (UAV)–related activities.
According to the company’s regulatory filing, the facility will be used for the integration, testing and deployment of drones and related systems. The unit is intended to support technology-driven operations and expand the company’s operational scope into advanced manufacturing and systems integration.
The lease agreement has been executed with Technomark Television Network Private Limited. The leased premises are located at A4, NGEF Ancillary Industrial Estate, Graphite India Road, Mahadevapura, Bengaluru, Karnataka. The property will serve as the operational base for the proposed drone integration and development activities. The lease tenure is for a period of three years and includes a one-year lock-in period commencing from the date of the agreement. The company stated that the agreement has been entered into on mutually agreed terms and conditions.
While the filing does not disclose capital expenditure, capacity, or production timelines associated with the facility, it indicates the company’s intent to build capabilities in UAV-related systems through this leased infrastructure.
Jyoti Global Plast Limited is registered in Maharashtra and operates from its registered office at Rabale, Navi Mumbai. The company is listed on the National Stock Exchange of India under the trading symbol JYOTIGLOBL.
