Deals27 Oct 2025, 04:02 pm
Magellanic Cloud Subsidiary Wins Contract for Railway CCTV Cameras Worth 3.20 Crores
AI Summary
Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LoA) from Southern Railway, Madurai Division (MDU Division) for the provision of CCTV cameras at Non-Interlocked Level Crossing (LC) Gates over MDU Division. The total value of the contract is 3.20 Crores (Rupees Three Crores Twenty Lakhs only). This project is designed to enhance passenger security while delivering a cyber-secure, Al-enabled surveillance infrastructure across the railway network. This follows the Company’s earlier LoAs received from the Railways and NHAI worth approximately 132 crores for the deployment of Al-based Video Surveillance Systems across railway networks and national highways.
Key Highlights
- Magellanic Cloud's subsidiary, Provigil Surveillance Limited, has won a contract worth 3.20 Crores from Southern Railway, Madurai Division for CCTV cameras at Non-Interlocked Level Crossing Gates.
- This project is part of a larger initiative to enhance passenger security and deliver a cyber-secure, Al-enabled surveillance infrastructure across the railway network.
- This follows earlier LoAs from the Railways and NHAI worth approximately 132 crores for the deployment of Al-based Video Surveillance Systems.
- Provigil Surveillance Limited is growing its leadership in the field of Al-driven video analytics and smart surveillance solutions.
- The contract is not a related party transaction and none of the promoter/promoter group/group companies have any interest in the entity that awarded the order/contract.