NSEBagging/Receiving of orders/contracts13 Jul 2026 · 13 Jul 2026, 09:11 am

Bagging/Receiving of orders/contracts

Magellanic Cloud Limited · MCLOUD

✦ AI Summary▲ PositiveOrder Win

Magellanic Cloud Limited has received a contract worth ₹6,92,87,410.55 from South Central Railway, Vijayawada Division for the supply, installation, testing, and commissioning of advanced IP-based CCTV surveillance systems across multiple railway stations.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Magellanic Cloud Limited has informed the Exchange about receipt of Letter of Acceptance by Provigil Surveillance Limited, wholly owned subsidiary

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July 13, 2026 Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., Dept. of Corporate Services, Dept. of Corporate Services, 14th Floor, P.J. Towers, Dalal Street, Exchange Plaza, Bandra- Kurla Complex, Fort, Mumbai - 400001 Bandra (East), Mumbai - 400051 Scrip Code: 538891/Scrip ID : MCLOUD Symbol: MCLOUD/Series: EQ Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Intimation of Receipt of Letter of Acceptance (LOA) by Wholly Owned Subsidiary – Provigil Surveillance Limited from South Central Railway, Vijayawada Division Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the applicable SEBI Circulars, we wish to inform you that Provigil Surveillance Limited, a wholly owned subsidiary of the Company, has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division for a contract aggregating to ₹6,92,87,410.55 (Rupees Six Crore Ninety-Two Lakh Eighty-Seven Thousand Four Hundred and Ten and Fifty-Five Paise Only). The project involves the Supply, Installation, Testing and Commissioning (SITC) of advanced IP- based CCTV surveillance systems across multiple South Coast Railway stations, including some of the major junctions such as Vijayawada, Rajahmundry, Nellore, Kakinada and Gudur along with associated Signalling & Telecommunication (S&T) infrastructure. Beyond the execution of surveillance infrastructure, the project aligns with the Company's strategic focus on expanding its AI-enabled video surveillance, Video Management Systems (VMS), and intelligent public safety solutions across critical infrastructure. As Indian Railways continues to modernize its security ecosystem, the deployment is expected to strengthen passenger safety, enhance operational visibility, enable intelligent incident management, and support the broader adoption of AI-driven surveillance technologies across the transportation sector. This order comes within days of another surveillance order from the same railway division, reflecting the continued confidence in the Company's execution capabilities and reinforcing the strong momentum in its railway surveillance business. It further strengthens Magellanic Cloud's growing order book in the transportation security segment while expanding its presence across critical railway infrastructure projects in India. Commenting on the development, Joseph Sudheer Thumma, Managing Director & Global CEO, Magellanic Cloud Limited, said: "Securing another order from the Vijayawada Railway Division within such a short span is a strong endorsement of our execution capabilities and the trust we have built with Indian Railways and other 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 public sector organisations. Repeat orders are particularly meaningful as they reflect confidence earned through consistent execution, quality delivery and long-term customer relationships. This project further reinforces our strategic focus on building AI-enabled surveillance and intelligent Video Management System (VMS) platforms for critical infrastructure. As Indian Railways accelerates its digital transformation and places greater emphasis on passenger safety, operational efficiency and real-time situational awareness, we believe the demand for integrated AI-powered surveillance solutions will continue to grow. Our objective extends beyond deploying CCTV infrastructure—we are creating intelligent security ecosystems that leverage AI, advanced video analytics and centralized VMS platforms to enable proactive monitoring, faster incident response and data-driven operational decision-making. We remain committed to supporting India's railway modernization journey while creating sustainable long-term value for our customers and shareholders." With this order, the Company remains focused on expanding its footprint across railway, metro and other critical public infrastructure projects through AI-enabled surveillance and integrated security solutions. None of the promoter/promoter group/group companies have any interest in the entity awarding the contract. Further, the order does not fall within the ambit of related party transactions. The details as required under SEBI Circular dated January 30, 2026, are annexed. The aforementioned information will be made available on the website of the Company at www.magellanic-cloud.com Kindly take the above on record. Thanking You, Yours Faithfully, For Magellanic Cloud Limited Sameer Rajkumar Lalwani Company Secretary & Compliance Officer Membership no. 57275 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 Annexure July 13, 2026 Disclosure in terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, read with Regulations 30 of SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015 Bagging/Receiving of Orders/Contracts Sl. No.Particulars Remarks 1. Name of the entity awarding the South Central Railway, Vijayawada Division order(s)/contract(s) 2. Significant terms and conditions of the Letter of Acceptance for S&T arrangements Order/Contract awarded in brief in connection with provision of CCTV Cameras at 15 stations over Vijayawada Division to enhance security, operational monitoring and passenger safety 3. Whether the Order/Contract has been Domestic Entity awarded by domestic/international entity 4. Nature of Order/Contract Design, supply, installation, testing and commissioning (SITC) of CCTV Surveillance System including supply of NVRs, surveillance equipment, OFC and networking infrastructure, cabling, earthing and surge protection systems and associated civil, electrical, telecom and networking works 5. Time period by which the Order/Contracts 12 Months to be executed 6. Broad consideration or size of ₹6,92,87,410.55 (Rupees Six Crore Ninety- the Order/Contract Two Lakh Eighty-Seven Thousand Four Hundred and Ten and Fifty-Five Paise Only) 7. Whether the Promoter/Promoter No Group/Group Companies have any interest in the entity that awarded the Order/Contract? If yes, nature of interest and details thereof 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 8. Whether the Order/Contract would fall No within related party transactions? If yes, whether the same is done at “arm’s length” For Magellanic Cloud Limited Sameer Rajkumar Lalwani Company Secretary & Compliance Officer Membership no. 57275 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