Magellanic Cloud Limited 's wholly owned subsidiary, Provigil Surveillance Limited, has secured a significant contract from the South Central Railway's Guntur Division. The company received a Letter of Acceptance (LoA) for a video surveillance project valued at ₹2.40 crores, marking a notable achievement in its expansion of AI-driven monitoring solutions.

Contract Details

The project encompasses two main components:

1. Replacement of video surveillance systems at various railway stations
2. Provision of video recording facilities at relay rooms and station master rooms across the division

This comprehensive surveillance upgrade is designed to enhance passenger safety, improve station monitoring, and strengthen asset protection. The contract is scheduled for completion within a twelve-month timeframe.

Project Objectives

The primary goals of this surveillance project include:

• Ensuring real-time visibility
• Implementing cyber-secure data management
• Improving operational efficiency through advanced video analytics
• Enabling centralized control capabilities

Strategic Significance

This contract reinforces Provigil Surveillance Limited's position in the market for large-scale surveillance projects, particularly for key government agencies. It follows a series of successful implementations for organizations such as Indian Railways and the National Highways Authority of India (NHAI).

Management's Perspective

Joseph Sudheer Reddy Thumma, Global CEO & Managing Director of Magellanic Cloud Limited, commented on the achievement:

"The achievement of these consecutive contracts clearly validates our exceptional performance and capability in deploying advanced, AI-integrated monitoring solutions at scale. This momentum propels Magellanic Cloud forward as we remain dedicated to pioneering technological advancements and guaranteeing superior security standards, ultimately building a foundation of smarter, safer infrastructure that benefits all stakeholders, both domestically and internationally."

Contract Specifications

This contract underscores Magellanic Cloud's growing presence in the AI-driven video analytics and smart surveillance solutions sector. As the company continues to secure such projects, it strengthens its position in delivering advanced monitoring solutions for critical infrastructure.

Magellanic Cloud Limited 's wholly-owned subsidiary, Provigil Surveillance Limited, has clinched a significant contract from Southern Railway's Madurai Division. The company will install CCTV cameras at Non-Interlocked Level Crossing Gates, enhancing passenger security through AI-enabled surveillance infrastructure.

Contract Details

Strategic Significance

This latest contract adds to Provigil's growing portfolio of surveillance projects:

The combined projects showcase Provigil's expanding footprint in AI-driven video analytics and smart surveillance solutions across India's critical infrastructure.

Management Commentary

Joseph Sudheer Reddy Thumma, Global CEO & Managing Director of Magellanic Cloud Limited, expressed pride in the company's achievements: "These consecutive project wins, totaling around ₹126 crores, reflect our growing momentum and strong execution capabilities in delivering large-scale, AI-driven surveillance solutions. We take pride in setting new benchmarks in safety, cybersecurity, and innovation, as we continue to play a pivotal role in building smarter and safer infrastructure for India and beyond."

Project Scope

The contract involves deploying advanced video analytics features, including:

• Vehicle counting
• Vehicle classification
• AI-based surveillance systems

Corporate Governance

Magellanic Cloud Limited has confirmed that:

• No promoter/promoter group/group companies have any interest in the entity awarding the contract.
• The contract does not fall within the purview of related party transactions.

This new contract underscores Provigil Surveillance Limited's growing prominence in the AI-enabled surveillance sector, particularly in critical infrastructure projects. As India continues to modernize its railway and highway systems, companies like Provigil are playing a crucial role in enhancing safety and security through advanced technology solutions.