NSEPress Release13 Aug 2026 · 13 Aug 2026, 09:44 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 Dedicated Freight Corridor Corporation of India Limited (DFCCIL) worth ₹3.73 crore for a five-year E-Surveillance SITC and O&M engagement across a key section of the Western Dedicated Freight Corridor.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Magellanic Cloud Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Magellanic Cloud Limited Wholly Owned Subsidiary Provigil Surveillance Limited Receive Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) Worth ₹3.73 Crore".
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August 13,2026
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, LOUD ESyxmchbaongl:e M PClaLzOa,U BDa/nSderrai-e Ks:u ErlQa Complex,
Fort, Mumbai - 400001 Bandra (East), Mumbai - 400051
Sub: Submission of Press Release – Magellanic Cloud Limited Wholly Owned Subsidiary
Provigil Surveillance Limited, Receive Letter of Acceptance (LOA) from
Dedicated Freight Corridor Corporation of India Limited (DFCCIL) Worth ₹3.73
Crore
Respected Sir/Madam,
Please find enclosed herewith the Press Release regarding the receipt of a Letter of Acceptance by
Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, from Dedicated
Freight Corridor Corporation of India Limited (DFCCIL) Worth ₹3.73 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,
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
PSU Major DFCCIL Awards Letter of Acceptance to Magellanic Cloud Limited
Subsidiary, Deepening Pan-India PSU Portfolio
LOA valued at ₹3.73 crore secured by Provigil Surveillance Limited for a five-year E-Surveillance SITC and O&M
engagement across a key section of the Western Dedicated Freight Corridor
Hyderabad, India, August 13, 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 Dedicated Freight
Corridor Corporation of India Limited (DFCCIL), Noida, for a contract valued at ₹3.73 crore (Rupees Three Crore Seventy-
Three Lakh Only). The contract covers the Supply, Installation, Testing and Commissioning (SITC) and Operations &
Maintenance (O&M) of an E-Surveillance System across the Kishangarh Balawas (Excl.) – New Rewari – New Phulera – New
Kishangarh – Madar (Excl.) section of the Western Dedicated Freight Corridor (WDFC), under the CGM/JP Unit.
The project will be executed over a period of five years on an OPEX model and is designed to establish an integrated e-
surveillance framework for enhanced protection of critical railway infrastructure. The scope covers E-surveillance-based
theft prevention, remote monitoring, asset and facility protection, operational surveillance, perimeter security and dock
management, along with recording infrastructure, Command and Control Centre functionality and technical support
services. The contract has been awarded in the ordinary course of business and is aligned with the Company's core focus on
delivering integrated surveillance, security and technology solutions.
Strategic & Commercial Highlights
● Deepened Rail Infrastructure Presence: Reinforces Provigil's growing footprint across critical public-sector
transportation infrastructure, building on its expanding presence in the railway ecosystem.
● Five-Year Annuity-Style Engagement: The five-year OPEX-based SITC and O&M contract provides revenue visibility while
establishing an integrated e-surveillance framework along a strategically significant freight corridor section.
● Validation of PSU Trust: Reflects the increasing confidence placed by leading PSUs such as DFCCIL in Provigil's e-
surveillance and security capabilities, strengthening its position as a technology-enabled partner for large-scale, mission-
critical infrastructure.
Leadership Commentary
Commenting on the development, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director, Magellanic Cloud
Limited, said:
“India’s expanding transportation and logistics infrastructure is creating a growing need for intelligent, scalable and integrated
security systems. Through this engagement, Provigil will support surveillance requirements across a key section of the Western
Dedicated Freight Corridor, with capabilities spanning asset protection, operational monitoring, perimeter security and remote e-
surveillance. The order also adds to Magellanic Cloud’s expanding surveillance portfolio across railways, government
infrastructure, BFSI, highways and other critical sectors, further strengthening its footprint in the government and PSU ecosystem.
The project is expected to contribute to the Company’s order book while reinforcing its position in the surveillance and security
solutions segment and its ability to deliver technology-led security solutions for large-scale, mission-critical infrastructure.”
Mr. Joseph Sudheer Reddy Thumma,
Chairman & 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