Magellanic Cloud Limited submitted a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated January 30, 2026.

The company informed that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from East Coast Railway, Sambalpur Division. The aggregate contract value is ₹9.72 Crore (approximately).

The project involves the deployment of CCTV surveillance systems at 91 manned non-interlocked Level Crossing (LC) Gates under the Sambalpur Division of East Coast Railway. The purpose is to enhance monitoring, safety and security across railway assets.

According to the annexure disclosure required under SEBI Circular dated January 30, 2026:

  • The entity awarding the contract is East Coast Railway, Sambalpur Division
  • Significant terms: Letter of Acceptance for Provision of CCTV Cameras at 91 Manned Non-Interlocked Level Crossing Gates over Sambalpur Division
  • The order was awarded by a domestic entity
  • Nature of contract: Supply, installation, testing, commissioning and integration of CCTV surveillance systems and associated networking infrastructure
  • Time period for execution: 6 Months
  • Broad consideration/size: INR 9.72 Crore Approximately
  • Promoter/Promoter Group/Group Companies have no interest in the entity that awarded the Order/Contract
  • The order does not fall within related party transactions

The company stated that this order marks another significant milestone in its railway infrastructure journey and reinforces its growing stature as a trusted surveillance technology partner for India's public sector. With cumulative railway orders now exceeding ₹250 Crore, Magellanic Cloud continues to build a strong execution track record across critical railway assets.

The company remains focused on deepening its engagement with PSUs and government agencies, where increasing investments in digital infrastructure, surveillance and asset protection continue to create long-term growth opportunities.