Magellanic Cloud Limited has disclosed that its wholly owned subsidiary Provigil Surveillance Limited has secured a significant railway infrastructure contract worth INR 7.88 Crore from South Central Railway, Vijayawada Division. The Letter of Acceptance was received on 1st April, 2026, marking another milestone in the company's railway technology business.

Contract Details and Scope

The awarded contract encompasses comprehensive S&T arrangements for CCTV surveillance systems across multiple railway stations under the Vijayawada Division. The project involves supply, installation, testing, commissioning and integration of CCTV cameras specifically at goods sheds, enhancing security infrastructure for Indian Railways operations.

Project Execution Framework

The contract must be executed within 365 days from commencement of work, adhering to Indian Railways General Conditions of Contract and specific tender conditions. The project scope includes:

• Supply of CCTV surveillance equipment
• Professional installation services
• Comprehensive testing and commissioning
• System integration with existing railway infrastructure
• Associated works relating to S&T infrastructure

Corporate Governance and Compliance

Magellanic Cloud Limited has confirmed that the order was awarded through normal business processes without any promoter or group company interest in the awarding entity. The contract does not fall under related party transactions, ensuring arm's length dealings and maintaining corporate governance standards.

Strategic Significance

This contract reinforces Provigil Surveillance Limited's position in the railway security and surveillance sector. The project involves critical infrastructure development for Indian Railways, contributing to enhanced security measures at goods handling facilities across the Vijayawada Division network.

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent investor communication and regulatory compliance.

Magellanic Cloud Limited has announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a significant contract from Central Railway. The Letter of Acceptance was received from Central Railway, Bhusawal Division for a comprehensive CCTV surveillance project valued at approximately INR 2 crore.

Contract Details and Scope

The contract encompasses a complete surveillance solution including supply, installation, commissioning and maintenance of CCTV systems. The project involves deploying CCTV cameras mounted on metallic poles with video data storage capabilities through Network Video Recorders (NVRs) installed inside LC Gate buildings.

Technical Infrastructure and Features

The surveillance system is designed with advanced technical specifications to ensure comprehensive monitoring capabilities. Each station and LC Gate will be equipped with independent equipment for control and monitoring purposes. The project includes establishing a centralized command and control centre at Bhusawal for centralized monitoring and operation of the entire CCTV network.

The system incorporates AI-based surveillance features to enable smarter monitoring and improved operational efficiency. This technological integration represents a modern approach to railway security and monitoring infrastructure.

Regulatory Compliance and Corporate Governance

The company has confirmed that none of the promoter, promoter group, or group companies have any interest in Central Railway, the entity that awarded the contract. The transaction does not fall within the purview of related party transactions, ensuring compliance with regulatory requirements.

The disclosure was made pursuant to Regulation 30 read with Schedule III (Para B) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 13, 2023. This contract award represents a significant business development for Provigil Surveillance Limited and demonstrates the subsidiary's capabilities in the railway infrastructure security sector.