Scandron Pvt Ltd receives order from Resonia Ltd

Scandron Private Limited, a subsidiary of Magellanic Cloud Limited, has received a work order from M/s. Resonia Limited (RESONIA), a Vedanta group company. The work order involves the use of drones for cargo transportation, as part of ongoing initiatives to improve efficiency and enhance operational capabilities in the relevant sector.

The total value of the contract is approx. ₹3 Crores (Rupees Three Crores only) for execution of Phase-I, covering a quantity of 500 MT. The execution of the additional 1,500 MT (Phase-II) valued approx. ₹9 Crores (Rupees Nine Crores only) shall be considered upon successful completion of Phase-I.

Attaining this most recent mandate substantiates Scandron's demonstrated mastery in fulfilling extensive specialized service projects for essential industry partners. This victory successfully reinforces its leading status in providing pioneering and complex technological delivery platforms.

"The winning of this critical, two-part agreement stands as undeniable proof of our firm operational excellence and specific ability to conduct extensive, logistics, drone-based supply chain maneuvers at project scale. This defining milestone advances Scandron's market position; we are resolutely focused on spearheading further aerial technology and providing superior execution benchmarks, thereby constructing a reliable base of vital logistical support that benefits our clients' objectives, both nationally and across borders" - Mr. Joseph Sudheer Reddy Thumma, Global CEO & Managing Director, Magellanic Cloud Limited.

Source : Equity Bulls

Keywords

MagellanicCloud Scandron OrderWin Resonia