BSECompany Update6d ago · 30 Jul 2026, 12:24 pm

Attached Herewith the Press Release

Magellanic Cloud Ltd · 538891

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Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, secured a purchase order from GAIL (India) Limited for an integrated E-surveillance system across GAIL's NCR network, valued at ₹127.62 million.

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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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Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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July 30, 2026 Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., Dept. of Corporate Services, Dept. of Corporate Services, S1c4ri pF lCooodr,e P: .5J. 3T8o8w9e1r/s,S Dcrailpal ISDtr: eMeCt, L OUD ESyxmchbaongl:e M PClaLzOa,U BDa/nSderrai-e Ks:u ErlQa Complex, F ort, Mumbai - 400001 B andra (East), Mumbai - 400051 Sub: Submission of Press Release – Wholly Owned Subsidiary of Magellanic Cloud Limited, Provigil Surveillance Limited, Secures Purchase Order from GAIL (India) Limited, Strengthening Its Presence in the Oil & Gas Sector Respected Sir/Madam, Please find enclosed herewith the Press Release regarding the receipt of a Purchase Order by Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, from GAIL (India) Limited | Establishes a Strong Footprint in the Oil & Gas Sector. 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, Joseph Sudheer Reddy Thumma Chairman and Managing Director DIN: 07033919 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 NSE: MCLOUD | BSE: 538891 | Hyderabad, India PRESS RELEASE Energy PSU Giant GAIL Awards Landmark Contract to Magellanic Cloud Limited Subsidiary, Opening New Growth Vertical in Oil & Gas Sector Order valued at ₹127.62 million secured through the Government e-Marketplace (GeM) for deployment of an integrated E-surveillance system across GAIL's NCR network Hyderabad, India, July 30, 2026: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a purchase order from GAIL (India) Limited. The contract, valued at ₹127.62 million, was awarded through the Government e-Marketplace (GeM) platform and establishes a strong foundation for Magellanic Cloud's long-term presence in India's critical Oil & Gas sector, opening a significant new growth vertical. Under the terms of the project, Provigil Surveillance Limited will deploy an integrated E-surveillance system across GAIL's NCR (Operations & Maintenance) network. The scope of work includes the Supply, Installation, Testing, and Commissioning (SITC), along with full maintenance of an advanced, enterprise-grade E-surveillance infrastructure designed to meet GAIL's technical specifications and stringent operational requirements. Strategic Transformation & Commercial Highlights ● Strategic Foundation for Future Growth: Establishes a strong foundation for Magellanic Cloud's AI-enabled surveillance footprint in India's critical Oil & Gas sector, reinforcing the Company's long-term strategy of expanding intelligent technology solutions across critical infrastructure. ● Validation of AI-Enabled Security Capabilities: Reflects continued confidence among major public sector enterprises in Provigil’s ability to deliver high-performance, enterprise-grade surveillance solutions. ● Stronger Public Sector Positioning: Reinforces Magellanic Cloud’s role as a trusted technology partner for large- scale public sector and critical infrastructure projects. Leadership Commentary Commenting on the development, Mr Joseph Sudheer Thumma, Global CEO and Managing Director of Magellanic Cloud Limited, said: “This Purchase Order from GAIL (India) Limited establishes a strong foundation for Provigil's long-term presence in India's critical Oil & Gas sector. It reflects the confidence that leading public sector enterprises place in our execution capabilities and AI-enabled surveillance solutions. More importantly, it demonstrates how Magellanic Cloud's continued transformation through AI-driven innovation and integrated technology solutions is enabling us to create greater value across India's critical infrastructure ecosystem. As we continue expanding across strategic sectors, we remain committed to delivering intelligent, secure and scalable technologies that support the nation's digital transformation journey.” Mr. Joseph Sudheer Thumma, Global CEO and Managing Director, Magellanic Cloud Limited Magellanic Cloud Limited • Press Release NSE: MCLOUD | BSE: 538891 | Hyderabad, India 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 and JNIT Technologies - 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 1,600 professionals and has achieved CMMI Maturity Level 3 certification. Media & Investor Relations Contact Magellanic Cloud Limited Email: kshitiza.shukla@magellanic-cloud.com Website: www.magellanic-cloud.com Disclaimer Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Magellanic Cloud Limited • Press Release