Magellanic Cloud Subsidiary Secures ₹5.36 Crore AI-Based CCTV Contract from Central Railway

2 min read     Updated on 29 Jan 2026, 05:11 PM
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Reviewed by
Naman SScanX News Team
Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+1.50%-10.84%-72.62%-69.76%-69.76%

Magellan Cloud Subsidiary Secures ₹3.61 Crore CCTV Surveillance Contract from Central Railway

1 min read     Updated on 22 Jan 2026, 12:03 PM
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Reviewed by
Ashish TScanX News Team
Overview

Magellan Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited has secured a ₹3.61 crore contract from Central Railway, Nagpur Division for comprehensive CCTV surveillance system deployment. The project involves RDSO-compliant Full HD IP cameras, NVRs, and complete infrastructure at level crossing gates in the Narkher–Chandur Bazar section, with a 9-month execution timeline. Managing Director Joseph Sudheer Reddy Thumma highlighted this as a strong endorsement of the company's capabilities in managing complex railway safety systems.

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*this image is generated using AI for illustrative purposes only.

Magellanic Cloud Limited announced a significant business development as its wholly owned subsidiary Provigil Surveillance Limited has been awarded a Letter of Acceptance (LoA) from Central Railway, Nagpur Division. The contract, valued at ₹3.61 crores, involves comprehensive CCTV surveillance system deployment and represents a notable addition to the company's railway infrastructure portfolio.

Contract Details and Scope

The awarded contract encompasses the complete supply, installation, testing, commissioning, and maintenance of CCTV surveillance systems at manned, non-interlocked Level Crossing gates within the Narkher–Chandur Bazar section of the Nagpur Division. The project specifications include RDSO-compliant Full HD IP CCTV cameras, network video recorders (NVRs), power and communication infrastructure, complete system integration, and associated civil and electrical works.

Parameter: Details
Contract Value: ₹3.61 crores
Awarding Authority: Central Railway, Nagpur Division (NGP Division)
Execution Timeline: 9 months
Project Location: Narkher–Chandur Bazar section
Contract Type: Domestic

Technical Specifications

The surveillance system deployment involves advanced technology components designed to meet railway safety standards. The RDSO-compliant Full HD IP CCTV cameras will be integrated with network video recorders to ensure comprehensive monitoring capabilities at the designated level crossing gates. The project also includes establishing robust power and communication infrastructure to support the surveillance network operations.

Management Commentary

Global CEO & Managing Director Joseph Sudheer Reddy Thumma noted that this partnership represents a "strong endorsement" of the company's ability to manage complex, high-reliability safety systems in sensitive environments. The contract demonstrates the company's expertise in railway infrastructure and surveillance technology deployment.

Corporate Compliance

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

Project Execution Framework

The 9-month execution timeline encompasses all phases from initial supply through final commissioning and maintenance setup. The comprehensive nature of the contract includes both technical deployment and civil works, positioning Provigil Surveillance Limited as a complete solution provider for railway surveillance infrastructure projects.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+1.50%-10.84%-72.62%-69.76%-69.76%

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1 Year Returns:-69.76%