New Launch1 April 2026 at 08:24 am
Magellanic Cloud Subsidiary Wins INR 7.88 Crore CCTV Contract from South Central Railway
AI Summary
Magellanic Cloud Ltd announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division (Indian Railways) for the execution of S&T arrangements for provision of CCTV cameras at Goods Sheds across multiple railway stations under Vijayawada Division. The total contract value is approximately INR 7.88 Crore and the project is required to be executed within a period of 365 days.
Key Highlights
- Contract value of approximately INR 7.88 Crore
- Execution period of 365 days
- Awarded to wholly owned subsidiary Provigil Surveillance Limited
- Relates to provision of CCTV cameras at Goods Sheds across multiple railway stations
- No related party transaction involved