Magellanic Cloud Unit Wins INR63 Million South Central Railway Contract

Magellanic Cloud (NSE:MCLOUD, BOM:538891) said its wholly owned subsidiary, Provigil Surveillance, has received a letter of acceptance from South Central Railway's Vijayawada Division for a contract worth about 62.5 million Indian rupees. The nine-month project covers the installation and upgrade of video surveillance systems at multiple railway stations, including facilities for the Godavari Pushkaram 2027 event, as well as deployment of video recording systems in relay and station master rooms across the Vijayawada Division, according to a Monday Indian stock exchange filing. Shares of the surveillance technology firm fell nearly 1% in recent trade.