MCMagellanic Cloud538891Major contract win

Subsidiary Provigil Surveillance receives Letter of Acceptance from Northern Railway for ₹29.13 crore CCTV contract

Magellanic Cloud's wholly owned subsidiary Provigil Surveillance gets a Letter of Acceptance from Northern Railway, Moradabad Division.

By ScoutQuest · Fri 16 Oct 2026, 9:09 AM IST · 2 min read

Contract Value

₹29.13 crore

Contract Awarder

Northern Railway, Moradabad Division

Timeline

Work in 3 months; AMC for 5 years after warranty

Magellanic Cloud Ltd has informed the exchanges that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Northern Railway, Moradabad Division.

What has been received

• A Letter of Acceptance worth Rs.29.13 crore, described in the subject line as a contract worth ₹29.13 Crore.
• The LOA comes from Northern Railway, Moradabad Division, and was received by Provigil Surveillance Limited, a wholly owned subsidiary of the company.
• The company states the contract has been awarded in the ordinary course of its business.

Scope of the work

• Provision of CCTV at all railway stations between LRJ-HW and HW-RKSH for Kumbh Mela 2027.
• Supply, installation, testing and commissioning (SITC) of IP-based CCTV cameras, Video Management System (VMS), video recording servers and storage systems, video analytics and face recognition systems, workstations, displays and associated networking infrastructure.
• Setting up of Command & Control Centre infrastructure, Network Management System, firewall and other allied e-surveillance and network components, enabling centralised monitoring and management.

Timelines

• The entire work is scheduled to be completed within 3 months from the date of the Letter of Acceptance.
• The contract also includes a Comprehensive Annual Maintenance Contract (AMC) for 5 years after completion of the warranty period.

What the company says about it

• The order strengthens the company's order book and expands its presence in the e-surveillance, security and technology solutions segment, particularly across railway and other critical infrastructure projects.
• The company notes that the inclusion of video analytics and face recognition reflects the increasing adoption of technology-enabled e-surveillance systems for large-scale public infrastructure and high-footfall environments.
• The company says it remains committed to executing the project and to pursuing similar opportunities across the transportation, government and critical infrastructure sectors.

How a retail investor might read this

• This is a fresh order win disclosed by the company. The value stated in the update is Rs.29.13 crore, which is the figure an investor can track against the company's order book.
• The timeline to watch is the 3-month completion window from the date of the LOA, after which the 5-year AMC period begins following the warranty period.
• The update describes an LOA received and a contract awarded in the ordinary course of business; it also records the company's stated intention to execute the project.

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