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.

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.

Magellanic cloud Limited has announced a major business development through its wholly owned subsidiary, Provigil Surveillance Limited, which has secured a substantial purchase order for AI-based surveillance infrastructure. The order, valued at ₹4,99,21,345, represents a significant milestone for the company's expansion in the surveillance technology sector.

Order Details and Scope

The purchase order has been awarded by Social Welfare Educational Institute for the procurement, deployment, and maintenance of AI-based monitoring and CCTV infrastructure. The project will serve the Social Welfare Residential Educational Institutions Society across multiple locations, demonstrating the scale and importance of this engagement.

Technical Infrastructure Components

The comprehensive project encompasses several advanced technology components designed to create a robust surveillance ecosystem. The deployment will include 5MP or higher AI-enabled CCTV cameras across all 176 locations, ensuring high-quality monitoring capabilities throughout the network.

Key technical deliverables include:

• Establishment of a Centralized Command Control Centre
• Supply and integration of video management software (VMS)
• AI Analytics and storage infrastructure
• Installation of video wall monitoring systems
• Networking equipment deployment
• Implementation of web and mobile applications for AI-based incident monitoring

Project Timeline and Execution

According to the tender terms, the delivery and installation of all project components are scheduled for completion within 8 weeks from the date of Notification of Award. This timeline reflects the company's commitment to efficient project execution while maintaining quality standards for the sophisticated surveillance infrastructure.

Regulatory Compliance and Independence

Magellan Cloud Limited has confirmed that none of the promoter, promoter group, or group companies have any interest in the entity that awarded the order. The company has also clarified that this contract does not fall within the purview of related party transactions, ensuring complete independence and transparency in the business engagement.

Strategic Significance

This order represents Provigil Surveillance Limited's capabilities in delivering comprehensive AI-based surveillance solutions for educational institutions. The project's scope, covering 176 locations with advanced AI-enabled monitoring systems, positions the subsidiary as a significant player in the institutional surveillance market segment.