NSEPress Release7 Sept 2026 · 7 Sept 2026, 09:22 am
Press Release
Magellanic Cloud Limited · MCLOUD
✦ AI Summary▲ PositiveOrder Win
Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway's Ratlam Division worth ₹3.49 Crore for the supply, installation, testing and commissioning of telecom material in connection with the provision of CCTV systems across 38 stations in the Ratlam Division.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Magellanic Cloud Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Magellanic Cloud Limited's Wholly Owned Subsidiary Provigil Surveillance Limited Receives LOA from Western Railway Ratlam Division Worth Rs 3.49 Crore".
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September 7, 2026
Bombay Stock Exchange Limited, National Stock Exchange of India Ltd.,
Dept. of Corporate Services, Dept. of Corporate Services,
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Fort, Mumbai - 400001 Bandra (East), Mumbai - 400051
Sub: Submission of Press Release – Magellanic Cloud Limited's Wholly Owned
Subsidiary, Provigil Surveillance Limited, Receives LOA from Western Railway,
Ratlam Division Worth ₹3.49 Crore
Respected Sir/Madam,
Please find enclosed herewith the Press Release regarding the receipt of Letter of Acceptance (LOA) by
Provigil Surveillance Limited a wholly owned subsidiary of Magellanic Cloud Limited from Western
Railway, Ratlam Division Worth ₹3.49 Crore
The same will be made available on the website of the Company i.e. www.magellanic-cloud.com
We request you to kindly take the above on record.
Thanking You,
For Magellanic Cloud Limited
Yours faithfully,
Jagan Mohan Reddy Thumma
Managing Director
DIN: 06554945
Encl:
MAGELLANIC CLOUDLIMITED
Formerly known as South India Projects Limited
CIN: L72100TG1981PLC169991
Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032
Telephone No.: 040-46515454
www.magellanic-cloud.com info@magellanic-cloud.com
Western Railways' Ratlam Division Awards Contract to
Magellanic Cloud Worth ₹3.49 Crore
Hyderabad, India, September 7, 2026: Magellanic Cloud Limited (NSE: MCLOUD | BSE:
538891) today announced that its wholly owned subsidiary, Provigil Surveillance Limited,
has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division,
valued at ₹3.49 Crore for the supply, installation, testing and commissioning of telecom
material in connection with the provision of CCTV systems across 38 stations in the Ratlam
Division.
Strategic Impact & Key Highlights
• ₹3.49 Crore New Order: Provigil Surveillance has secured a ₹3.49 Crore LOA from
Western Railway’s Ratlam Division for the deployment of an IP-based E-surveillance
system across 38 railway stations.
• Strengthening Railway Surveillance Presence: The order further strengthens
Magellanic Cloud’s presence in the Indian Railways surveillance and security ecosystem,
with capabilities spanning CCTV, networking and integrated surveillance infrastructure.
• Demonstrating Execution Capabilities: Receiving the order from the Ratlam
Division reflects the Company’s ability to execute technology-driven surveillance projects
across complex and distributed railway infrastructure, while strengthening its potential to
pursue further opportunities across the sector.
Strengthening an Established Railway Presence
Magellanic Cloud has been steadily strengthening its presence in the Indian Railways
ecosystem through its surveillance and technology solutions. The Company’s recent order
wins across different Railway divisions and railway infrastructure projects demonstrate its
ability to execute large-scale, technology-driven surveillance projects, while the latest
Western Railway order further strengthens its position in the railway surveillance and
security segment. The continued flow of orders from Indian Railways reinforces the
Company’s execution capabilities and supports its strategy of further strengthening its
presence in the Railway and critical infrastructure sector.
MAGELLANIC CLOUD LIMITED
Formerly known as South India Projects Limited
CIN: L72100TG1981PLC169991
Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG
500032
Telephone No.: 040-46515454
www.magellanic-cloud.com info@magellanic-cloud.com
Management Commentary
From the CEO & MD's Desk
Mr. Joseph Sudheer Thumma, Global CEO and Managing Director, Magellanic Cloud Limited,
said:
“Receiving this order from Western Railway’s Ratlam Division is a strong validation of the
trust and confidence being placed in Provigil Surveillance’s capabilities. This order
demonstrates our ability to build strong customer relationships and deliver technology-led
surveillance solutions across complex railway environments. We believe the ongoing
modernisation of Indian Railways presents significant opportunities for technology and
surveillance companies, and we remain focused on building a strong, sustainable presence
across this critical infrastructure ecosystem.”
About Magellanic Cloud Limited
Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), headquartered in Hyderabad, India,
is a global technology company specialising in digital transformation, Generative Artificial
Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company
delivers advanced solutions across industries, including smart infrastructure, defence,
fintech, and enterprise IT, serving over 100 clients across the USA, Europe, and Asia.
With a strong ecosystem of subsidiaries - Motivity Labs, Provigil Surveillance Limited, IVIS
International, Scandron, MCRAYXTEND India, JNIT Technologies and Finoux - Magellanic
Cloud offers integrated capabilities across IT services and AI-driven surveillance systems. Its
solutions are widely deployed in critical infrastructure projects, including railways, highways,
BFSI, PSUs and urban security systems.
The company is backed by a team of over 1,400 professionals and has achieved CMMI
Maturity Level 3 certification.
Media & Investor Relations
Magellanic Cloud Limited
Email: kshitiza.shukla@magellanic-cloud.com
Website: www.magellanic-cloud.com
MAGELLANIC CLOUD LIMITED
Formerly known as South India Projects Limited
CIN: L72100TG1981PLC169991
Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG
500032
Telephone No.: 040-46515454
www.magellanic-cloud.com info@magellanic-cloud.com