Magellanic Cloud subsidiary Motivity Labs secures USD 4.70 million international order

1 min read     Updated on 20 Mar 2026, 07:45 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Magellanic Cloud Ltd's subsidiary Motivity Labs Inc. secured multiple purchase orders worth USD 4.70 million (approximately INR 39 crores) from a multinational company. The orders cover data engineering, analytics, infrastructure support, and program management services to be executed over calendar year 2026. The transaction reinforces the company's global positioning and will contribute to revenue visibility and growth momentum.

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Magellanic Cloud Ltd announced a significant strategic order win by its step-down subsidiary Motivity Labs Inc. (USA), securing multiple high-value purchase orders worth USD 4.70 million from a leading multinational company. The announcement was made through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Scope

The secured orders have a combined contract value of approximately USD 4.70 million, equivalent to around INR 39 crores. The comprehensive scope of work encompasses advanced data engineering, analytics, infrastructure support, and program management services for the international client.

Parameter Details
Contract Value USD 4.70 million (~INR 39 crores)
Client Type Leading multinational company
Service Scope Data engineering, analytics, infrastructure support, program management
Execution Timeline Calendar year 2026
Entity Type International

Strategic Significance

This significant order win reinforces Magellanic Cloud's strong positioning in the global technology and data engineering space. The engagements are part of large-scale operations, highlighting the continued trust of global enterprises in the company's capabilities and execution strength. The orders are expected to contribute meaningfully to the company's revenue visibility and growth momentum.

Execution and Timeline

The secured orders are scheduled to be executed over calendar year 2026, providing clear revenue visibility for the company. The approximately one-year execution timeline allows for systematic delivery of the comprehensive service portfolio to the multinational client.

Regulatory Compliance

The company confirmed that none of the promoter, promoter group, or group companies have any interest in the entity that awarded the order. The transaction does not fall under related party transactions, ensuring complete transparency and arm's length dealing.

Growth Strategy Impact

The order win aligns with Magellanic Cloud's continued focus on expanding its global footprint and strengthening relationships with marquee clients. This strategic approach aims to enhance long-term shareholder value while establishing stronger presence in international markets through its subsidiary operations.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
+2.08%-1.54%-15.67%-72.62%-66.34%-72.13%

How will this $4.7 million order impact Magellanic Cloud's competitive positioning against larger IT services companies in the data engineering space?

What additional infrastructure investments or talent acquisition will Motivity Labs need to successfully deliver these comprehensive services by 2026?

Could this multinational client relationship lead to expanded contract opportunities or serve as a reference for similar high-value deals in other regions?

Magellanic Cloud Subsidiary Secures ₹1.55 Crore CCTV Surveillance Contract from RailTel Corporation

1 min read     Updated on 17 Mar 2026, 05:05 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited has secured a Letter of Intent from RailTel Corporation for a ₹1.55 crore CCTV surveillance system installation project. The contract involves comprehensive surveillance infrastructure deployment at an engineering college campus, including supply, installation, testing, and commissioning of various components with 3-year warranty support. The project strengthens the subsidiary's position in public sector surveillance and reinforces the group's momentum in technology-driven security solutions.

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Magellanic Cloud Limited announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Intent from RailTel Corporation of India Limited for a significant CCTV surveillance system installation project. The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Project Details and Scope

The awarded project pertains to the "Installation of CCTV Surveillance System for Customer of RailTel (CoR) (Inside Engg College Campus)" under Tender/EOI No. RCIL/NR_CDG/EOI/MKTG/PEC/CCTV/2025-26 dated March 16, 2026. The comprehensive surveillance infrastructure deployment encompasses multiple technical components and services.

Parameter: Details
Contract Value: ₹1,55,00,000 (inclusive of taxes)
Awarding Entity: RailTel Corporation of India Limited
Project Location: Engineering College Campus
Execution Timeline: 1 month from commencement
Warranty Period: 3 years
Performance Bank Guarantee: ₹7,75,000 (5% of contract value)

Technical Components and Services

The project scope includes comprehensive surveillance infrastructure deployment with multiple technical components:

  • Supply, installation, testing and commissioning of CCTV surveillance infrastructure
  • Deployment of key surveillance components including Camera, Switch, NVR, Display, Rack, UPS, Hard Disk and other related items
  • Submission of Performance Bank Guarantee of ₹7,75,000 being 5% of contract value
  • Warranty support for a period of 3 years as per project terms

The delivery and execution are expected to be completed within 1 month from commencement of work or issuance of formal ERP Purchase Order, in accordance with the LOI and tender terms.

Strategic Significance

This order further strengthens Provigil Surveillance Limited's position in the public sector surveillance and critical infrastructure security segment. The company highlighted that this contract reinforces the group's continued momentum in delivering technology-driven security and monitoring solutions.

Regulatory Compliance

The company confirmed that none of the promoter, promoter group, or group companies have any interest in RailTel Corporation, the entity that awarded the contract. Additionally, the order does not fall within the purview of related party transactions, ensuring complete regulatory compliance and transparency in the business arrangement.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
+2.08%-1.54%-15.67%-72.62%-66.34%-72.13%

More News on Magellanic Cloud

1 Year Returns:-66.34%