Scandron Private Limited, a subsidiary of Magellanic Cloud Limited has achieved Type Certification for its new Unmanned Aircraft System (UAS) model "SNDAG010QX8". Designed specifically for agricultural agrochemical spraying this drone features an 8-liter sprayer tank ensuring efficient coverage across diverse terrain and crop varieties. The certification marks a significant milestone for Scandron.
Open FlipBigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels in India, is considering a bonus issue. The company's board of directors is scheduled to meet on Friday, July 19, 2024, to discuss and approve the proposal for issuing bonus shares and increasing the authorized share capital, subject to regulatory and shareholder approval.
Open FlipVedanta Resources has secured $250 million to pay off creditors of its Zambian copper mine, Konkola Copper Mines (KCM), as part of a deal with the government to regain control of the assets. The company still needs to raise an additional $1 billion to revive mining operations and invest in the Konkola Deep Mining Project. Vedanta may sell a 30% stake in KCM to raise capital.
Open Flip