BSECompany Update12 Aug 2026 · 12 Aug 2026, 09:29 am
Intimation regarding Purchase Orders received by IVIS International Private Limited from NCR Corporation India Private for E-surveillance Solutions at Punjab National Bank ATM sites
Magellanic Cloud Ltd · 538891
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Magellanic Cloud Ltd, a wholly owned subsidiary of IVIS International Private Limited, has secured multiple Purchase Orders from NCR Corporation India Private Limited for E-Surveillance Solutions across Punjab National Bank ATM sites, valued at approximately ₹18.4 crore for a period of 5 years.
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Magellanic Cloud Ltd - 538891 - Purchase Orders
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August 12, 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
Subject Intimation regarding Purchase Orders received by IVIS International Private
Limited from NCR Corporation India Private for E-Surveillance Solution at Punjab
National Bank ("PNB") ATM Sites
Respected Sir/Madam,
We are pleased to inform you that IVIS International Private Limited (“IVIS”), a wholly owned subsidiary
of Magellanic Cloud Limited, has secured multiple Purchase Orders, comprising both Capex and Opex
components, from NCR Corporation India Private Limited, amounting to approximately ₹18.4 crore for
a period of 5 years, for providing E-Surveillance Solutions across Punjab National Bank (“PNB”) ATM
sites.
This marks a significant win for IVIS and reinforces its growing footprint in the Banking & Financial
Services E-Surveillance space, particularly in large-scale, mission-critical ATM surveillance
deployments.
Commenting on the development, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director,
Magellanic Cloud Limited, said:
BFSI has been a key focus for IVIS over the years, and we have built significant experience in delivering
E-Surveillance solutions for banking networks and critical financial infrastructure over the last 1.5
decades. The receipt of these Purchase Orders for E-Surveillance Solutions across Punjab National Bank
ATM sites further strengthens this track record and demonstrates our ability to execute scalable,
technology-led E-Surveillance deployments across large and distributed networks. We remain focused
on leveraging our proven domain expertise, AI-enabled e-surveillance capabilities and pan-India
deployment strength to further deepen our presence in the BFSI segment and address the evolving
security requirements of financial institutions.
The aforesaid Purchase orders are received in the ordinary course of business of IVIS International
Private Limited and are aligned with its core business of providing integrated surveillance, telecom and
security infrastructure solutions.
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
The Company will keep the Stock Exchanges informed of any material developments in accordance with
the applicable regulatory requirements
We request you to kindly take the above information on record.
Thanking You,
F or Magellanic Cloud Limited
Yours Faithfully,
Joseph Sudheer Reddy Thumma
Chairman & Managing Director
DIN: 07033919
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