NSEPress Release6d ago · 24 Aug 2026, 09:34 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, Ratlam Division, for a contract valued at ₹7,91,60,064.53. The LOA is for the Supply, Installation, Testing and Commissioning of Telecom Material in connection with the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
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Balance Sheet Risk2/10
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 24, 2026, titled "Magellanic Cloud Limited Wholly Owned Subsidiary Provigil Surveillance Limited Receives LOA from Western Railway Ratlam Division Worth Rs 7.92 Crore

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MCLOUD_24082026093324_RatlamPressRelease.pdf

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August 24, 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 – Magellanic Cloud Limited's Wholly Owned Subsidiary, Provigil Surveillance Limited, Receives LOA from Western Railway, Ratlam Division Worth ₹7.92 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 ₹7.92 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 NSE: MCLOUD | BSE: 538891 | Hyderabad, India PRESS RELEASE Magellanic Cloud's Provigil Surveillance Wins ₹7.92 Crore LOA from Western Railway, Ratlam Division, for Level Crossing Gate Surveillance and Telecom Infrastructure Order covers integrated e-surveillance and telecom deployment across 40+ Manned Non-Interlocked Level Crossing Gates, as Group order wins cross ₹111 crore for FY27 Hyderabad, India, August 24, 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, for a contract valued at ₹7,91,60,064.53 (Rupees Seven Crore Ninety-One Lakh Sixty Thousand Sixty-Four and Fifty-Three Paise Only). The LOA has been awarded for the Supply, Installation, Testing and Commissioning of Telecom Material in connection with the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division. The project entails the deployment of an integrated e-surveillance and telecom infrastructure across identified railway level crossing gates. The scope includes the supply, installation, testing and commissioning of cameras, networking and telecom equipment, Optical Fibre Cable (OFC) and associated cabling infrastructure, racks, power systems and solar-based power solutions. Strategic Impact & Commercial Highlights ● Strong Order Momentum: Comes amid strong order momentum across Magellanic Cloud, with the Group having secured orders worth over ₹111 crore so far in the current financial year. ● Expanded Railway & Telecom Capabilities: Strengthens Provigil Surveillance Limited's presence across the railway, surveillance, telecom, and critical infrastructure sectors, and reinforces its capabilities to execute large-scale, integrated surveillance and telecom deployments. ● Growing Critical Infrastructure Footprint: Adds to Magellanic Cloud's growing footprint in technology-led solutions for critical infrastructure, further strengthening the Group's position in the rapidly evolving railway and broader public infrastructure ecosystem. ● Advancing Railway's Modernisation Journey: Reinforces Provigil's role in Indian Railways' ongoing infrastructure transformation, building the surveillance backbone for a safer, technology-led rail network. Leadership Commentary From the CEO & MD's Desk - Mr Joseph Sudheer Thumma, Global CEO and Managing Director, Magellanic Cloud Limited, said: Magellanic Cloud Limited • Press Release NSE: MCLOUD | BSE: 538891 | Hyderabad, India “Indian Railways is undergoing one of the most significant infrastructure transformations in the country's history, and Provigil is proud to be advancing that journey. This LOA from Western Railway, Ratlam Division is not an isolated win - it's part of a growing pattern of trust the Railways has placed in us, order after order, division after division. We're not just installing cameras and cabling; we're helping build the e-surveillance backbone that a modern, safer railway network will run on. With Group order wins already crossing ₹111 crore this financial year, this is only the beginning of what Provigil will deliver for Indian Railways & Public Sector.” Mr. Joseph Sudheer Thumma, Global CEO and Managing Director, Magellanic Cloud Limited 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, 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