Magellanic Cloud Secures Rs 120 Million Work Order From Vedanta Group Company

Magellanic Cloud Ltd, a diversified IT and technology solutions provider, announced that it has secured a work order valued at Rs 120 million from a Vedanta Group company. The order highlights the company’s growing presence in enterprise technology services and its ability to deliver large-scale solutions to leading industrial players.  

Key highlights from the announcement include  

• Magellanic Cloud Ltd received a Rs 120 million work order from a Vedanta Group company.  
• The order is expected to enhance the company’s revenue visibility and strengthen its client portfolio.  
• Magellanic Cloud specializes in IT consulting, surveillance, drone technologies, and AI-powered video analytics.  
• The deal reflects Vedanta’s confidence in Magellanic Cloud’s expertise and execution capabilities.  
• Funds from the order will support expansion in IT and ITES services, aligning with the company’s growth strategy.  
• The company continues to diversify across technology-driven solutions, positioning itself as a trusted partner for large corporates.  

This development underscores Magellanic Cloud’s ability to secure high-value contracts and reinforces its role in India’s evolving IT and surveillance ecosystem. The partnership with Vedanta Group further validates its technological strengths and long-term growth potential.  

Sources: Magellanic Cloud Corporate Filings, Trendlyne