Magellanic Cloud Subsidiary Receives ₹3.49 Crore LOA from Western Railway
Magellanic Cloud's subsidiary, Provigil Surveillance Limited, received a ₹3.49 Crore LOA from Western Railway for a CCTV system deployment across 38 stations. The project involves SITC of telecom material for surveillance. This order strengthens the company's position in the railway surveillance sector.
The order value of ₹3.49 Crore is material for the company and represents a new business win, contributing to its order book and future revenue streams.
The company has secured a new order, which is a positive development and is expected to contribute to its revenue and market presence.
Magellanic Cloud Limited, through its wholly owned subsidiary Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) worth ₹3,49,70,064.65 (approximately ₹3.49 Crore) from Western Railway, Ratlam Division.
The contract is for the Supply, Installation, Testing, and Commissioning (SITC) of Telecom material for a CCTV System at Station Yard Areas. This system will monitor main line points and crossings across 38 stations in the Ratlam Division.
The project scope includes the deployment of an IP-based CCTV surveillance system, erection of poles, installation of enclosures and equipment racks, power supply, UPS integration, earthing, surge protection, trenching, HDD boring, cable laying, civil and restoration works, and integration with existing railway systems. It also covers testing, commissioning, documentation, training, and handover.
This order enhances the company's railway surveillance order book and signifies continued engagement with Western Railway for deploying surveillance and technology infrastructure. The contract was awarded in the ordinary course of business and aligns with Magellanic Cloud's core business of providing integrated surveillance, security, and technology solutions. The company is committed to executing the project with high standards of quality and efficiency, while seeking similar opportunities in transportation, government, and critical infrastructure sectors.
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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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