Deals21 Sept 2026, 09:06 am
MCLOUD Subsidiary Secures ₹44.6 Lakh Order from Nayara Energy
AI Summary
Magellanic Cloud Limited's wholly-owned subsidiary, Provigil Surveillance Limited, has received a purchase order worth ₹44.60 Lakh from Nayara Energy Limited. The order is for the implementation of an AI-powered Automatic Number Plate Recognition (ANPR) and Video Analytics Platform across Nayara Energy's retail outlets and oil depots. This contract aligns with Provigil Surveillance's core business of providing integrated surveillance, security, and technology solutions. The company intends to execute the project with high standards and continue seeking similar opportunities in various sectors.
Key Highlights
- Subsidiary Provigil Surveillance received a ₹44.6 Lakh purchase order.
- Order is for an AI-powered ANPR and Video Analytics Platform.
- Customer is Nayara Energy Limited for its retail outlets and oil depots.
- Project aligns with the company's core surveillance and technology solutions business.
Price Impact
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