Magellanic Cloud's Subsidiary Wins INR 4.31 Crore Contract for Railway CCTV Surveillance
Magellanic Cloud Limited has announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has secured a Letter of Acceptance (LOA) from the South Western Railway, Hubli Division. The contract awards an aggregate value of INR 4.31 Crore Approx.The project involves the provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over the Hubli Division. The comprehensive scope of work encompasses the supply, installation, testing, and commissioning of CCTV/Video Surveillance Systems, networking and telecom infrastructure, and the integration of monitoring systems. Additionally, the project requires power backup arrangements, solar power systems, and computer vision-based gate monitoring solutions, alongside other necessary ancillary infrastructure.
This successful contract further reinforces the company's standing in the railway surveillance and safety infrastructure sector. With cumulative railway sector orders now exceeding ₹250 Crore, the company continues to expand its operational footprint across various key railway zones and divisions nationwide.
The latest order strengthens Magellanic Cloud’s presence in the Southern and SouthWestern railway networks. The company stated that it has secured multiple e-surveillance and safety infrastructure projects in these regions, demonstrating its proven execution capabilities and the growing trust placed in its technology-led solutions. Magellanic Cloud remains focused on supporting the modernization, safety enhancement, and digital transformation initiatives within the Indian Railways ecosystem and the broader public sector.
The key details of the order are summarized below:
| Detail | Description |
|---|---|
| Awarding Entity | South Western Railway, Hubli Division |
| Contract Nature | Provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over Hubli Division |
| Order Size | INR 4.31 Crore Approx. |
| Scope | Supply, installation, testing, commissioning, and integration of CCTV surveillance systems, networking infrastructure, and power systems. |
| Timeline | 6 Months |
| Domestic/International | Domestic Entity |
| Promoter Interest | No |
| Related Party Transaction | No |
Magellanic Cloud Limited was formerly known as South India Projects Limited.
MCLOUD Stock Price Movement
Shares of Magellanic Cloud Limited are edging higher to ₹25.86 as of 3:21 PM today, gaining 0.27% in live trading. The equity shows strong market interest, trading today on a volume of 2.14 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.