Magellanic Cloud Ltd

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has emerged as the L1 (lowest) bidder in a tender issued by Bank of Maharashtra for e-surveillance solutions. The project, valued at approximately ₹115 Crore, involves providing e-surveillance across over 1,550 sites and operating a 24/7 Central Monitoring Station. This development is subject to the formal award of the contract by the bank. The company stated that this opportunity would further strengthen its presence in the BFSI e-surveillance segment, aligning with Provigil's core business. Magellanic Cloud Limited was formerly known as South India Projects Limited.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has emerged as the L1 (lowest) bidder in a tender by Bank of Maharashtra for e-surveillance solutions. The bid value is approximately ₹115 crore for services across over 1,550 sites. The scope includes supply, installation, commissioning, and operation of e-surveillance systems with a 24/7 Central Monitoring Station. This development, if awarded, would significantly enhance Provigil's presence in the BFSI e-surveillance sector and aligns with its core business. The company will provide further updates upon formal contract issuance.

Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) worth ₹29.13 Crore from Northern Railway, Moradabad Division. The order is for the provision of CCTV and integrated e-surveillance infrastructure at railway stations between LRJ–HW and HW–RKSH for the KUMBH MELA 2027 in Haridwar. The project involves deploying IP-based CCTV cameras, video analytics, face recognition systems, and centralized monitoring infrastructure. The execution timeline is three months, followed by a five-year Annual Maintenance Contract (AMC) after the warranty period. This contract strengthens Magellanic Cloud's position in technology-led public safety and railway surveillance solutions.

Magellanic Cloud Limited, through its wholly owned subsidiary Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Northern Railway, Moradabad Division for a contract worth ₹29.13 Crore (₹29,13,11,564.72). The contract is for the provision of an integrated e-surveillance system, including CCTV, at railway stations between LRJ-HW and HW-RKSH for the Kumbh Mela 2027. The scope includes deployment of CCTV cameras, VMS, analytics, and a Command & Control Centre. The project is to be completed within 3 months, followed by a 5-year Comprehensive Annual Maintenance Contract (AMC). This order enhances the company's presence in critical infrastructure security and its order book.

Magellanic Cloud Ltd has responded to a BSE query regarding a recent spurt in its share price and volume. The company clarified that all information is publicly available and there are no pending price-sensitive disclosures. They stated that the increase in share volume is purely market-driven. Magellanic Cloud affirmed its commitment to complying with SEBI's Listing Obligations and Disclosure Requirements, assuring that all necessary disclosures will continue to be made.

Magellanic Cloud Ltd has responded to an NSE query regarding a recent spurt in its share price and volume. The company clarified that all information is publicly available and there are no pending price-sensitive disclosures. They stated that the increase in share volume is purely market-driven and assured compliance with SEBI's Listing Obligations and Disclosure Requirements. The company will continue to make necessary disclosures as per regulations.

Magellanic Cloud Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1, 2026, and will reopen 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ending September 30, 2026. The date of the board meeting to approve these results will be communicated separately. The company will also make this information available on its website.

Magellanic Cloud Limited's wholly-owned subsidiary, Provigil Surveillance Limited, has secured a purchase order worth ₹44.60 lakh (₹44,60,400/-) from Nayara Energy Limited. This contract involves implementing an advanced AI-powered Automatic Number Plate Recognition (ANPR) and Video Analytics Platform across selected Nayara Energy Retail Outlets and Oil Depots. This strategic move marks Magellanic Cloud's entry into India's AI smart fuel retail automation and enterprise surveillance market. The project aims to integrate computer vision with forecourt dispensing infrastructure for automated vehicle-to-dispense validation, security monitoring, and depot safety reporting. The company anticipates this initial deployment will serve as a blueprint for capturing further market share in the rapidly digitizing fuel retail ecosystem, leading to potential nationwide rollouts and recurring contracts.

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.

Magellanic Cloud Ltd has announced its 45th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 12:00 noon IST via Video Conferencing/Other Audio-Visual Means. The company has also sent a letter to shareholders who have not registered their email addresses, providing a web-link to the Annual Report for the Financial Year 2025-26. This communication also serves as a reminder for shareholders to update their KYC details and dematerialize physical securities as per SEBI mandates, including PAN, address, mobile number, bank details, and signature.