MCLOUD NSE filing

MCLOUD Subsidiary Secures ₹8.9 Crore CCTV Project from DFCCIL

The RealCase readMedium impact Positive

Magellanic Cloud's subsidiary, Provigil Surveillance Limited, received a ₹8.90 Crore contract from DFCCIL for IP-based CCTV surveillance. The 5-year project involves supply, installation, and O&M of AI-enabled systems across various DFCCIL locations.

Why it matters

The contract value is substantial for the company and represents a new business win in a key infrastructure sector, contributing to revenue growth and expanding its operational footprint.

The market read

The company secured a significant new order from a government entity, which is expected to strengthen its order book and market position.

Magellanic Cloud Limited (MCLOUD) has announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Ahmedabad. The contract is valued at ₹8,89,99,860 (Rupees Eight Crore Eighty-Nine Lakhs Ninety-Nine Thousand Eight Hundred and Sixty Only).

The scope of the contract includes the Supply, Installation, Testing, Commissioning, and Operation & Maintenance (O&M) of an IP-based CCTV Surveillance System on an OPEX basis for 5 years. This system will be deployed at various DFCCIL locations between New Palanpur and New Gothangam, under the jurisdiction of CGM/ADI, WDFC.

The project involves an integrated security e-surveillance system designed for theft prevention, remote video monitoring, facility and asset protection, operational monitoring, vandalism deterrence, event-based surveillance, outdoor perimeter security, and dock management. It will incorporate AI-enabled video analytics for enhanced real-time monitoring, event detection, and security response. The solution also includes centralized storage and recording infrastructure, command and control centre capabilities, technical manpower, and associated surveillance and support services.

This order is expected to strengthen the company's order book and expand its presence in the transportation and critical infrastructure sectors. It aligns with Magellanic Cloud's strategic focus on delivering intelligent, AI-enabled security solutions tailored for large-scale infrastructure environments. The contract was awarded in the ordinary course of business and is consistent with the company's core business of providing integrated surveillance, security, and technology solutions.

Magellanic Cloud Limited is committed to executing this project with high standards of quality and efficiency, while continuing to explore similar opportunities in the transportation, government, and critical infrastructure sectors.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.

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