Magellanic Cloud Ltd

Magellanic Cloud Ltd has issued a clarification regarding the Ultimate Beneficial Owners (UBOs) of Balaji Malts Private Limited, a proposed allottee in a preferential issue. Following observations from the National Stock Exchange of India Limited, the company has amended the list of UBOs. The updated list clarifies that certain UBOs of Balaji Malts Private Limited are also UBOs of Jodhani Papers Private Limited, one of the entities involved. This update is being disseminated to members and stakeholders to ensure accurate disclosure and compliance with regulations.

Magellanic Cloud Ltd has issued an update regarding its list of Ultimate Beneficial Owners (UBOs) for Balaji Malts Private Limited, following observations from the National Stock Exchange of India Limited. The company has amended the UBO list for Balaji Malts Private Limited, clarifying the ownership structure. The updated list now reflects specific UBOs for Balaji Malts Private Limited and also details the UBOs for Jodhani Papers Private Limited, which is itself a UBO of Balaji Malts. This clarification ensures compliance with regulatory disclosure requirements.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7.92 Crore. The project involves the supply, installation, testing, and commissioning of telecom material for an integrated e-surveillance system across over 40 Manned Non-Interlocked Level Crossing Gates. This award strengthens Provigil's position in the railway, surveillance, and telecom sectors and contributes to the group's strong order momentum, with total group order wins exceeding ₹111 crore for the current financial year. The contract underscores Magellanic Cloud's role in advancing Indian Railways' modernization efforts.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7.92 crore. The project involves the supply, installation, testing, and commissioning of telecom material for an integrated e-surveillance system across over 40 railway level crossing gates. This order contributes to the group's total secured orders of over ₹111 crore in the current financial year, strengthening its position in the railway, surveillance, and critical infrastructure sectors.

Magellanic Cloud Limited's wholly owned subsidiary, IVIS International Private Limited, has received a second purchase order from Capri Global Capital Limited. This order is for the pan-India deployment of IVIS's Integrated E-Surveillance & Vault Operation Solution across additional sites. The repeat business strengthens IVIS's relationship with Capri Global and expands its presence in the BFSI sector, reflecting continued confidence in its technology and nationwide deployment capabilities. The company aims to deepen existing customer relationships and expand its institutional deployments.

Magellanic Cloud Limited announced that its wholly owned subsidiary, IVIS International Pvt. Ltd., has received a second purchase order from Capri Global Capital Limited. This order is for the deployment of IVIS's Integrated E-Surveillance & Vault Operation Solution across additional sites on a pan-India basis. The continued engagement with Capri Global Capital Limited strengthens Magellanic Cloud's presence in the BFSI sector, highlighting the scalability and relevance of its AI-enabled surveillance solutions. The company focuses on providing integrated surveillance, security, and technology solutions to financial institutions.

Magellanic Cloud Limited announced strong business momentum with continuous order wins aggregating over ₹111.04 Crore. The orders were secured from various clients including Indian Railways divisions, BFSI institutions, a Global Technology Giant, GAIL (India) Limited, PSU Banks, and DFCCIL. Key wins include a ₹12.76 Crore order from GAIL and multiple purchase orders from Punjab National Bank worth approximately ₹18.4 Crore over five years. The company anticipates further growth through the balance of FY27 across its technology, e-surveillance, and digital infrastructure businesses, building on its strengthened order pipeline and customer base.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for a contract valued at ₹8.90 crore. This five-year engagement involves the Supply, Installation, Testing, Commissioning, and Operations & Maintenance (SITC and O&M) of an IP-based CCTV Surveillance System on an OPEX model for the New Palanpur – New Gothangam section of the Western Dedicated Freight Corridor. This award follows a recent order from DFCCIL, highlighting growing confidence and strengthening Provigil's presence in critical transportation infrastructure. The scope includes AI-enabled video analytics and centralized monitoring, aligning with Magellanic Cloud's strategy in surveillance and security solutions.

Magellanic Cloud Limited's wholly-owned subsidiary, Provigil Surveillance Limited, has secured a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for a contract valued at ₹8,89,99,860. The project involves the supply, installation, testing, commissioning, and O&M of an IP-based CCTV Surveillance System on an OPEX basis for 5 years at various DFCCIL locations. This integrated security e-surveillance system will utilize AI-enabled video analytics for enhanced monitoring and security response. The contract strengthens Magellanic Cloud's order book and reinforces its strategic focus on intelligent, AI-enabled security solutions for critical infrastructure.

Magellanic Cloud Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported total revenue of ₹2,407.60 Lakhs and a Profit After Tax of ₹616.50 Lakhs for the quarter. The Board of Directors approved these results along with the Limited Review Report from M/s SGCO & Co, LLP. The results are prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Regulations. The company operates in the IT and IT-related Services segment.