Magellanic Cloud's Subsidiary Wins ₹3.59 Crore Contract for Railway Surveillance System Upgrade
Magellanic Cloud Ltd, through its wholly owned subsidiary Provigil Surveillance Limited, has secured a Letter of Acceptance (LOA) for a major CCTV surveillance modernization project at Mysuru Railway Station. The contract was awarded by the South-Western Railway, Bengaluru Division, with an aggregate value reported at ₹ 3.59 Crore (approx.).The project scope involves the Replacement and Additional Provision of CCTV Surveillance Systems at Mysuru Railway Station. The comprehensive scope of work includes supply, installation, testing, commissioning, and integration of advanced CCTV surveillance systems. These systems feature VMS, VAS & FRS integration, and incorporate modern equipment such as PTZ/Bullet/Dome/4K UHD Cameras, Video Analytics Servers, Storage Systems, and Networking Infrastructure. Furthermore, the installation covers UPS Systems and centralized monitoring infrastructure built with failover architecture.
The industry is seeing e-surveillance evolve from passive monitoring to proactive operational intelligence. These data-driven systems are increasingly shaping railway infrastructure, helping authorities improve asset and crowd monitoring, strengthen perimeter security, and reduce operational blind spots across large transit networks.
Commenting on the development, Joseph Sudheer Reddy Thumma, Chairman & Managing Director of Magellanic Cloud Limited, noted that the growing presence in railway surveillance projects highlights the accelerating shift toward technology-driven infrastructure modernization across India. He stated, "Large-scale transport environments today require surveillance systems that can do far more than record footage; they need intelligent systems capable of delivering real-time visibility, operational insights, and proactive monitoring. Through our AI-powered surveillance capabilities, we aim to support the creation of smarter, safer, and more digitally resilient public infrastructure for the future."
Contract Details
Magellanic Cloud Ltd, which was formerly known as South India Projects Limited, provided the following details regarding the contract award:| Particulars | Details |
|---|---|
| Entity Awarding the Contract | South-Western Railway, Bengaluru Division |
| Nature of Order | Supply, installation, testing, commissioning and integration of CCTV surveillance and networking systems |
| Contract Scope | Replacement and Additional Provision of CCTV Surveillance System at Mysuru Railway Station |
| Contract Value (Approx.) | INR 3.59 Crore |
| Implementation Period | 6 Months |
| Domestic/International | Domestic Entity |
The company confirmed that the order/contract is not considered a related party transaction, and none of the promoter or promoter group companies have any interest in the awarding entity.
MCLOUD Stock Price Movement
As of 12:36 PM, shares of Magellanic Cloud Limited are slipping by 1.65% in live trading, currently at ₹26.89. The stock trades on a volume of 816,696 shares, holding significantly below its day's high of ₹27.58.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.
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