Magellanic Cloud's Subsidiary Bags ₹2.27 Crore Surveillance Project from South Central Railway
The order of ₹2.27 crore is a notable addition to the company's project portfolio, contributing to its financial performance and demonstrating continued business activity, thus having a medium positive impact.
The company's wholly owned subsidiary received a new order worth ₹2.27 crore, which is a positive development indicating business growth and potential for increased revenue.
* Magellanic Cloud Limited announced on 19th August 2025 that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LoA) from South Central Railway. * The LoA is valued at ₹ 2,27,34,152.55 (Rupees Two Crore Twenty-Seven Lakh Thirty-Four Thousand One Hundred and Fifty-Two Rupees and Fifty-Five Paise only). * The project involves the replacement of video surveillance at various locations within Secunderabad Railway stations.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.