19-Aug-2026 09:09:18
MAGELLANIC CLOUD : WINS ORDERS WORTH OVER RS 111.04 CR
• The company secured multiple orders aggregating over ₹111.04 Crore from Indian Railways divisions, BFSI institutions, Global Technology Giant, GAIL (India) Limited, PSU Banks and DFCCIL. • Orders include ₹8.21 Cr railway surveillance project for Bikaner Division, ₹3.44 Cr AI-led railway e-surveillance project, ₹3.59 Cr railway surveillance project, and ₹7.64 Crore e-surveillance order for Nanded Division. • Other wins include ₹4.31 Crore combined orders from East Coast & South Western Railway, ₹3.13 Crore for railway surveillance from East Central Western Railway, and ₹6.25 Crore railway surveillance order. • BFSI sector order from Manappuram Finance for Al-powered e-surveillance across 1,000+ branches and a ₹12.76 Crore order from GAIL (India) Limited for an integrated e-surveillance project. • Orders from Global Technology Giant for approximately US$1.21 Million (~₹11.62 Crore), ₹12.13 Crore railway surveillance project for Ratlam Division, and ~₹18.4 Crore for e-surveillance across 1,000 PNB ATM sites. • Orders from DFCCIL include a ₹3.73 Crore LOA for CCTV surveillance and another ₹8.90 Crore order for an IP-based CCTV surveillance system.
Magellanic Cloud Limited
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