PSU Giant DFCCIL Awards ₹3.73 Crore E-Surveillance Contract to Magellanic Cloud Limited Subsidiary

PSU Giant DFCCIL Awards ₹3.73 Crore E-Surveillance Contract to Magellanic Cloud Limited Subsidiary​

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has secured a significant contract valued at ₹3.73 crore from the Dedicated Freight Corridor Corporation of India Limited (DFCCIL). The contract involves the Supply, Installation, Testing and Commissioning (SITC) and Operations & Maintenance (O&M) of an E-Surveillance System for five years across a key segment of the Western Dedicated Freight Corridor.

The project is set to be executed over a period of five years under an OPEX model. The contract mandates establishing an integrated e-surveillance framework designed to enhance the protection of critical railway infrastructure along the specified corridor section. This region encompasses Kishangarh Balawas (Excl.), New Rewari, New Phulera, New Kishangarh, and Madar (Excl.) under the CGM/JP Unit.

The scope of work covers several critical areas, including theft prevention using e-surveillance technology, remote monitoring, asset and facility protection, operational surveillance, perimeter security, dock management, recording infrastructure, Command and Control Centre functionality, and technical support services. The award reflects a deepening of Provigil's presence within the railway ecosystem and validates its capabilities in providing advanced security solutions to large public sector entities.

Contract Details Summary​

The successful contract acquisition provides crucial revenue visibility for the company by establishing a multi-year engagement model. Key details regarding the deal are summarized below:

Strategic Significance​

This engagement reinforces Provigil's expanding footprint across critical public sector transportation infrastructure. The five-year annuity-style contract provides strong validation of the increasing confidence shown by leading PSUs like DFCCIL in Provigil's e-surveillance and security competencies. This achievement solidifies the company’s position as a technology enabled partner for mission critical infrastructure projects.

Commenting on this development, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director of Magellanic Cloud Limited, stated that India's logistics and transportation infrastructure necessitates intelligent and scalable security systems. He added that through this order, Provigil will support surveillance requirements across a vital section of the Western Dedicated Freight Corridor, strengthening MCL’s portfolio in railways, government infrastructure, and other critical sectors, and reinforcing its ability to deliver technology led solutions for large scale mission critical needs.

About Magellanic Cloud Limited (MCL)​

Magellanic Cloud Limited is a global technology company based in Hyderabad, specializing in digital transformation, Generative Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company serves over 100 clients across the USA, Europe, and Asia across industries such as smart infrastructure, defence, fintech, and enterprise IT.

MCL operates a robust ecosystem of subsidiaries, including Provigil Surveillance Limited, Motivity Labs, IVIS International, Scandron, MCRAYXTEND India, and JNIT Technologies. The company’s solutions are widely deployed in critical infrastructure projects across railways, highways, BFSI, PSUs, and urban security systems. MCL is backed by a team exceeding 1,600 professionals and holds CMMI Maturity Level 3 certification.

MCLOUD Stock Price Movement​

As of 1:33 PM, shares of Magellanic Cloud Limited gain ground in live trading, rising by 0.48% to trade at ₹29.22. The stock has seen 168,508 shares traded so far today, maintaining momentum as it ranges between the intraday low of ₹28.86 and the high of ₹29.34.