MAGELLANIC CLOUD : IVIS SECURES LETTER OF INTENT FROM MANAPPURAM FINANCE ACROSS 1,000+ BRANCHES

• Ivis international private limited, a wholly owned subsidiary, received loi from manappuram finance limited. • Engagement relates to outsourced command & control centre (ccc) e-surveillance services. • Ivis to deploy, install, commission, monitor, and maintain security infrastructure across manappuram's branch network. • Solution uses al-powered command & control centre platform for intelligent surveillance and monitoring. • Deployment to be phased across approximately 1,000+ branches, subject to purchase orders and definitive agreements. • Loi is non-binding and does not constitute a contractual or financial commitment.

Magellanic Cloud Limited

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