Provigil Surveillance Ltd receives LOA worth Rs. 4.31 crore

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has received a Letter of Acceptance (LOA) from South Western Railway, Hubli Division, for an aggregate contract value of INR 4.31 Crore Approx.

The project pertains to the "Provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over Hubli Division." The scope of work includes supply, installation, testing and commissioning of CCTV / Video Surveillance Systems, networking and telecom infrastructure, integration of monitoring systems, power backup arrangements, solar power systems, computer vision-based gate monitoring solutions and other ancillary infrastructure required for the project.

This LOA further strengthens the Company's position in the railway surveillance and safety infrastructure segment. With cumulative railway sector orders now exceeding ₹250 Crore, the Company continues to expand its footprint across key railway zones and divisions nationwide.

The latest order also reinforces Magellanic Cloud's growing presence in Southern and SouthWestern railway networks, where the Company has secured multiple e-surveillance and safety infrastructure projects, demonstrating its proven execution capabilities and the increasing trust placed in its technology-led solutions. The Company remains focused on supporting the modernization, safety enhancement and digital transformation initiatives being undertaken across the Indian Railways ecosystem and the broader public sector landscape.

Source : Equity Bulls

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