Magellanic Cloud Subsidiary Secures ₹2 Crore CCTV Contract from Central Railway
Magellanic Cloud's subsidiary, Provigil Surveillance Limited, received a ₹2 Crore contract from Central Railway, Bhusawal Division. The order involves supplying, installing, commissioning, and maintaining CCTV cameras and an AI-based surveillance system. The contract is to be executed within 6 months.
The contract value of ₹2 Crore is significant for the subsidiary and contributes to the company's order book, indicating potential for future growth.
The company secured a new contract, which is a positive development for its subsidiary.
Magellanic Cloud Limited announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Central Railway, Bhusawal Division. The contract is valued at approximately ₹2 Crore (20 million rupees). This order encompasses the supply, installation, commissioning, and maintenance of CCTV cameras mounted on metallic poles, with video data to be stored in Network Video Recorders (NVRs) within LC Gate buildings. Each station and LC Gate will have independent equipment for control and monitoring, supported by a centralized command and control center in Bhusawal for overall system operation. The system will also feature AI-based surveillance capabilities to enhance monitoring and operational efficiency.
The contract is to be executed within 6 months. Neither the promoter nor any promoter group or group companies of Magellanic Cloud Limited have any interest in Central Railway, and the contract does not fall under related party transactions.
The disclosure was made on March 25, 2026.
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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.