
Deals1 Sept 2026, 09:12 am
Magellanic Cloud Subsidiary Secures ₹3.29 Cr DFCCIL Order
AI Summary
Magellanic Cloud Limited, through its subsidiary Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) worth ₹3.29 crore from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for AI-led E-Surveillance in the Ajmer Division. This is the third order from DFCCIL in recent weeks, bringing the total value of these three orders to over ₹15.9 crore. The project involves SITC, Operation, and Maintenance of an AI-led E-Surveillance System with Intrusion Monitoring for five years on an OPEX model. This strengthens Magellanic Cloud's position in AI, e-surveillance, and critical infrastructure security.
Key Highlights
- Provigil Surveillance wins third order from DFCCIL worth ₹3.29 crore.
- Total order value from DFCCIL now exceeds ₹15.9 crore.
- Project includes AI-led E-Surveillance for critical rail infrastructure.
- Order to be executed on an OPEX model for five years.
- Enhances company's presence in AI and critical infrastructure security.
Price Impact
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