Magellanic Cloud Ltd. Share Price

Magellanic Cloud has informed that, through its wholly owned subsidiary Provigil Surveillance, continues to deepen its presence in India’s critical infrastructure security landscape after receiving a Letter of Acceptance (LOA) worth ₹3,49,70,064.65/- from Western Railway, Ratlam Division. The contract pertains to the SITC of Telecom material in connection with the Provision of CCTV System at Station Yard Areas to monitor main line points and crossings, particularly across 38 stations in the Ratlam Division. The project involves the deployment of an IP-based CCTV surveillance system for monitoring main line points, crossings and other critical railway assets. Further, the scope includes erection of CCTV poles, installation of weatherproof enclosures and equipment racks, power supply arrangements, UPS integration, earthing and surge protection, trenching, HDD boring, cable laying, civil and restoration works, and integration with existing Railway CCTV and network systems. The project also includes testing and commissioning, documentation, training and handing over of the completed system. The order further adds to the Company's railway surveillance order book and reflects the continued engagement of Provigil Surveillance Limited with Western Railway’s Ratlam Division for the deployment of surveillance and technology infrastructure across critical railway locations. The aforesaid contract has been awarded in the ordinary course of business of the Company and is aligned with its core business of providing integrated surveillance, security and technology solutions. The Company remains committed to executing the project with the highest standards of quality, efficiency and operational excellence while continuing to pursue similar opportunities across the transportation, government and critical infrastructure sectors.

The above information is a part of company’s filings submitted to BSE.

Magellanic Cloud has informed that it enclosed the Press Release regarding the receipt of Letter of Acceptance (LOA) by Provigil Surveillance a wholly owned subsidiary of the company from Western Railway, Ratlam Division Worth ₹7.92 Crore The same will be made available on the website of the Company:www.magellanic-cloud.com. 

The above information is a part of company’s filings submitted to BSE.  

Magellanic Cloud has informed that IVIS International, a wholly owned subsidiary of the company, has received its second Purchase Order from Capri Global Capital for the deployment of its Integrated E-Surveillance & Vault Operation Solution across additional sites on a pan-India basis. The Purchase Order further strengthens the Company’s relationship with Capri Global Capital and reflects the continued confidence in Ivis’s technology, nationwide deployment capabilities and managed e-surveillance services. The order involves the deployment of Ivis’s Integrated E-Surveillance & Vault Operation Solution across additional sites on a pan-India basis. The continued expansion of Ivis’s engagement with leading financial institutions underscores the scalability and growing relevance of its AI-enabled surveillance solutions across the BFSI sector. With capabilities spanning integrated e-surveillance, AI-powered video analytics, remote monitoring, vault operations and technology-enabled security management, iVIS is increasingly positioned to address the evolving security requirements of financial institutions across the country at scale. The aforesaid contract has been awarded in the ordinary course of business of the Company and is aligned with its core business of providing integrated surveillance, security and technology solutions. The Company remains focused on delivering scalable, technology-driven surveillance solutions to banks and financial institutions and looks forward to further expanding its partnership with Capri Global Capital.