Magellanic Cloud Wins Rs 89 Million DFCCIL Surveillance Contract

HYDERABAD — Magellanic Cloud Limited announced on Tuesday, August 18, 2026, that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) for an order valued at 88.99 million Indian rupees (₹8,89,99,860) from the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Ahmedabad.

The five-year contract involves the supply, installation, testing, commissioning, and operational management of an advanced IP-based e-surveillance system along key railway freight corridors. The project marks an expansion of Magellanic Cloud's surveillance portfolio across critical national logistics infrastructure.

Scope and Execution Terms of the DFCCIL Order

Under the terms of the contract awarded by DFCCIL, Provigil Surveillance Limited will deploy and maintain the IP-based CCTV surveillance system under an Operational Expenditure (OPEX) model over a five-year period.

The deployment covers multiple strategic DFCCIL locations along the Western Dedicated Freight Corridor (WDFC) stretch between New Palanpur and New Gothangam under the Chief General Manager (CGM) Ahmedabad jurisdiction.

Key operational features of the contract include:

• Integrated Remote Monitoring: Centralized video surveillance designed for real-time monitoring of freight track corridors and logistics hubs.

• Asset and Facility Protection: Theft prevention mechanisms and vandalism deterrence to protect railway property.

• Event-Based Analytics: Technology-driven operational monitoring to detect physical security intrusions and emergency events.

• OPEX Delivery Model: Full system installation, testing, commissioning, and continuous five-year operation and maintenance (O&M) service delivery.

Market Positioning and Corporate Impact

Magellanic Cloud Limited, formerly known as South India Projects Limited, operates across digital transformation, drone tech, and electronic surveillance verticals. The company noted in its stock exchange disclosure that the order was secured in the ordinary course of business.

Securing public infrastructure contracts along dedicated freight corridors expands the company's long-term recurring revenue visibility under the OPEX structure. The contract strengthens Provigil Surveillance’s track record in deploying large-scale security systems for government transportation networks.

Official Sources Section

Details regarding the Letter of Acceptance were disclosed in an official regulatory filing signed by Jagan Mohan Reddy Thumma, Managing Director of Magellanic Cloud Limited, and submitted to BSE Limited and the National Stock Exchange of India Ltd. on August 18, 2026.

Quote Section

According to official regulatory filings submitted by the company:

"Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Ahmedabad, for a contract valued at Rs 8,89,99,860. The Company remains committed to executing the project with the highest standards of quality and efficiency."

Why It Matters

Ensuring uninterrupted physical security along India's freight corridors is essential for preventing theft, protecting high-value cargo, and maintaining global logistics efficiency. For investors, this ₹89 million contract demonstrates Magellanic Cloud's ability to win public sector infrastructure deals and generate steady five-year operational revenues.

Key Facts at a Glance

• Contracting Entity: Provigil Surveillance Limited (Subsidiary of Magellanic Cloud Ltd.).

• Client: Dedicated Freight Corridor Corporation of India Limited (DFCCIL).

• Total Order Value: ₹8,89,99,860 (approx. ₹8.9 crore / ₹89 million).

• Project Scope: Supply, installation, testing, commissioning, and O&M of IP CCTV system on an OPEX basis for 5 years.

• Location: Western Dedicated Freight Corridor (New Palanpur to New Gothangam).

Frequently Asked Questions

Which company won the DFCCIL surveillance order?

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, received the order.

What is the financial value of the contract?

The total contract value is ₹8,89,99,860 (approximately 89 million rupees).

What is the duration and location of the project?

The project covers a 5-year period along the Western Dedicated Freight Corridor between New Palanpur and New Gothangam in Gujarat.

What type of technology will be deployed?

The project involves deploying an IP-based CCTV e-surveillance system featuring remote video monitoring, event analytics, and vandalism protection.

Source: BSE Limited | National Stock Exchange of India Ltd. | Dedicated Freight Corridor Corporation of India Limited