Magellanic Cloud Subsidiary Provigil Secures ₹7.64 Crore Contract from South Central Railway
Magellanic Cloud Limited's subsidiary, Provigil Surveillance Limited, received a Letter of Acceptance from South Central Railway. The contract value is approximately ₹7.64 crore.
The contract value of ₹7.64 crore is a material positive development for the subsidiary, contributing to the company's revenue and growth.
The company has secured a new order, which is a positive development for its subsidiary.
Magellanic Cloud Limited has announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway.
The aggregate contract value for this order is approximately ₹7.64 crore.
This announcement follows a previous disclosure made on May 29, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made this information available on its website.
What to do with a filing like this
Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.