Magellanic Cloud Limited has informed the Exchange about Bagging/Receiving of orders/contracts
MCLOUD · price
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Magellanic Cloud's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South-Western Railway, Bengaluru Division worth ₹3.59 crore. The project involves supplying, installing, testing, commissioning, and integrating a comprehensive CCTV surveillance system at Mysuru Railway Station. The scope includes VMS, VAS & FRS integration, various cameras (PTZ/Bullet/Dome/4K UHD), Video Analytics Servers, Storage Systems, Networking Infrastructure, UPS Systems, and centralized monitoring with failover architecture. The contract has a execution timeline of 6 months. No related party transaction or promoter group interest is involved.
The order value of ₹3.59 crore represents a moderate-sized contract for Magellanic Cloud. While the amount appears modest relative to typical listed company revenues, it strengthens the company's presence in railway infrastructure modernization and AI-powered surveillance solutions in the government segment.