New Launch2 Jun 2025, 06:25 pm
Magellanic Cloud Subsidiary, Scandron Private Limited, Delivers and Tests First Drone Consignment
AI Summary
Magellanic Cloud Ltd has announced that their subsidiary, Scandron Private Limited, has successfully delivered the first consignment of drones to a customer. The consignment has been tested and accepted by the customer, as per the Regulation 30 read with Schedule HI Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015. This development marks a significant milestone for the company and its drone manufacturing capabilities.
Key Highlights
- Magellanic Cloud's subsidiary, Scandron Private Limited, delivers first drone consignment
- Consignment tested and accepted by the customer
- Significant milestone in the company's drone manufacturing capabilities