Magellanic Cloud Subsidiary Secures ₹5.36 Crore AI-Based CCTV Contract from Central Railway
Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited has secured a ₹5.36 crore contract from Central Railway's Nagpur Division for AI-based CCTV surveillance systems. The 9-month project involves comprehensive supply, installation, and maintenance of RDSO-compliant Full HD IP cameras with AI-enabled video analytics at Level Crossing gates. The contract includes Network Video Recorders, power and communication infrastructure, system integration, and associated civil and electrical works, with no related party transactions involved.

*this image is generated using AI for illustrative purposes only.
Magellanic Cloud Limited has announced a significant contract win through its wholly owned subsidiary, with Provigil Surveillance Limited securing a Letter of Acceptance (LoA) worth ₹5.36 crore from Central Railway's Nagpur Division. The project represents a strategic expansion of the company's presence in railway safety and surveillance solutions.
Project Scope and Technical Specifications
The comprehensive contract encompasses end-to-end supply, installation, testing, commissioning, and maintenance of AI-based CCTV surveillance systems. These systems will be deployed at manned, non-interlocked Level Crossing gates in the South Section of the Nagpur Division.
| Component | Details |
|---|---|
| Camera Type | RDSO-compliant Full HD IP CCTV cameras |
| Technology | AI-enabled video analytics |
| Recording System | Network Video Recorders (NVRs) |
| Infrastructure | Power and communication systems |
| Additional Work | Civil and electrical works |
| System Integration | Complete end-to-end integration |
Contract Details and Timeline
The project carries significant value and operational importance for railway safety enhancement. Central Railway's Nagpur Division has awarded this domestic contract with specific execution parameters.
| Parameter | Specification |
|---|---|
| Contract Value | ₹5.36 crore |
| Awarding Authority | Central Railway, Nagpur Division (NGP Division) |
| Execution Timeline | 9 months |
| Contract Nature | Domestic |
| Related Party Transaction | No |
| Promoter Interest | None |
Management Commentary
Mr. Joseph Sudheer Reddy Thumma, Global CEO & Managing Director of Magellanic Cloud Limited, emphasized the strategic significance of this contract win. He stated that the award represents a strong endorsement of the company's capabilities in delivering AI-driven, high-reliability surveillance and safety solutions in mission-critical environments.
The management highlighted that through the deployment of intelligent, AI-enabled monitoring at key Level Crossing gates, the company continues to strengthen its collaboration with Indian Railways while reaffirming its commitment to enhancing safety, transparency, and operational efficiency across the rail network.
Corporate Compliance
The company has confirmed full compliance with regulatory requirements, stating that none of the promoter, promoter group, or group companies have any interest in the entity that awarded the contract. Additionally, the order does not fall within the purview of related party transactions, ensuring transparent business practices.
Strategic Implications
This contract win reinforces Magellanic Cloud's positioning in the railway infrastructure and safety solutions sector. The deployment of AI-enabled surveillance systems at critical railway infrastructure points demonstrates the company's technological capabilities and its role in modernizing India's railway safety infrastructure through advanced monitoring solutions.
Historical Stock Returns for Magellanic Cloud
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.32% | +1.50% | -10.84% | -72.62% | -69.76% | -69.76% |

































