
Magellanic Cloud Subsidiary Secures ₹3.29 Cr Order from DFCCIL
Magellanic Cloud Limited announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has received its third consecutive Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL). The latest order, secured from DFCCIL's Ajmer Division, is valued at ₹3.29 Crore and is for IP-based CCTV surveillance and intrusion monitoring. This follows two previous orders from DFCCIL in Noida and Ahmedabad, bringing the total value of these three consecutive orders to ₹15.92 Crore. The new contract is a five-year OPEX agreement covering installation, commissioning, operations, and maintenance. This sustained order momentum from DFCCIL strengthens Magellanic Cloud's position in the government and critical infrastructure sector.
Key Highlights
- Subsidiary Provigil Surveillance secures third consecutive order from DFCCIL.
- Latest order from DFCCIL Ajmer is valued at ₹3.29 Crore.
- Total of three DFCCIL orders aggregate ₹15.92 Crore.
- Order strengthens company's presence in government and critical infrastructure.
- Contract is a five-year OPEX for surveillance and monitoring solutions.
Price Impact
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