Image Source: BW Business World
Magellanic Cloud Limited announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a ₹4.99 crore purchase order from the Social Welfare Educational Institute. The project involves deploying AI-enabled CCTV infrastructure, command control systems, and analytics across 176 educational institution sites within three months.
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Magellanic Cloud Limited has disclosed that Provigil Surveillance Limited has secured a significant order to strengthen surveillance infrastructure for the Social Welfare Residential Educational Institutions Society. The project emphasizes advanced AI-driven monitoring solutions to enhance safety and operational efficiency across multiple campuses.
Key Highlights
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Deployment of AI-enabled 5MP or higher CCTV cameras across 176 locations
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Establishment of a centralized command control centre for real-time monitoring
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Integration of video management software, AI analytics, and storage infrastructure
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Installation of video wall systems and networking equipment for seamless connectivity
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Implementation of web and mobile applications for AI-based incident reporting
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Project valued at ₹4,99,21,345 with delivery and installation scheduled within 8 weeks of award notification
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Annual maintenance contract included for existing surveillance infrastructure
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The company confirmed that promoters and group entities have no interest in the awarding institution, ensuring the contract does not fall under related party transactions.
Source: Magellanic Cloud Limited, Bombay Stock Exchange filing, National Stock Exchange disclosure.
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