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Magellanic Cloud’s arm secures LoI worth Rs 1.55 crore from RailTel

18 Mar 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has secured Letter of Intent (LoI) worth around Rs 1.55 crore (inclusive of taxes) from RailTel Corporation of India. The LoI pertains to installation of CCTV surveillance system including supply, installation, testing and commissioning. The LoI is to be executed within one month from commencement / issuance of formal ERP Purchase Order.

Magellanic Cloud is global Leaders in Software Development, Digital Transformation, DevOps space.

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