Back-to-Back Railway Wins: Magellanic Cloud Adds 7.64 Cr South Central Railway Contract to Surging 200 Cr Order Pipeline

Hyderabad (Telangana) [India], June 1: Magellanic Cloud Ltd (NSE: MCLOUD | BSE: 538891), a global technology company specializing in digital transformation, artificial intelligence (AI), cloud computing, and surveillance solutions, announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Nanded Division, for an aggregate contract value of approximately ₹7.64 Crore. The [...]

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PNN Syndicated | Wire Content | Press Release • 27 Sep, 2026Chief Editor
June 1, 2026 • 3:57 PM
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Back-to-Back Railway Wins: Magellanic Cloud Adds 7.64 Cr South Central Railway Contract to Surging 200 Cr Order Pipeline
“Back-to-Back Railway Wins: Magellanic Cloud Adds 7.64 Cr South Central Railway Contract to Surging 200 Cr Order Pipeline”
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1 Jun 2026
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Back-to-Back Railway Wins: Magellanic Cloud Adds 7.64 Cr South Central Railway Contract to Surging 200 Cr Order Pipeline
Back-to-Back Railway Wins: Magellanic Cloud Adds 7.64 Cr South Central Railway Contract to Surging 200 Cr Order Pipeline

Hyderabad (Telangana) [India], June 1: Magellanic Cloud Ltd (NSE: MCLOUD | BSE: 538891), a global technology company specializing in digital transformation, artificial intelligence (AI), cloud computing, and surveillance solutions, announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Nanded Division, for an aggregate contract value of approximately ₹7.64 Crore.

The order pertains to the Provision of an IP-based video surveillance system at Stabling Lines, Washing Yards, and Pit Lines over the Nanded Division. The scope of the project includes supply, installation, testing, commissioning, and maintenance of IP-based CCTV surveillance systems along with networking infrastructure and a five-year Comprehensive Annual Maintenance Contract (CAMC).

The project is scheduled to be executed over a period of 12 months and will contribute to Magellanic Cloud’s revenue recognition over the project period, including a five-year recurring maintenance stream post-commissioning. This win also adds to Magellanic Cloud’s expanding public sector e-surveillance order book, which exceeded 200 Crore during FY26. 

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PNN Syndicated | Wire Content | Press Release • 27 Sep, 2026Chief Editor

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