Magellanic Cloud has informed that Provigil Surveillance, a wholly owned subsidiary of the company, has received a Purchase Order from Nayara Energy, valued at Rs. 44,60,400/-. The Purchase Order is for the implementation of an AI-powered Automatic Number Plate Recognition (ANPR) and Video Analytics Platform across selected Retail Outlets and Oil Depots of Nayara Energy. The aforesaid Purchase Order has been awarded in the ordinary course of business of the Company and is aligned with its core business of providing integrated surveillance, security and technology solutions. The Company remains committed to executing the project with the highest standards of quality, efficiency and operational excellence while continuing to pursue similar opportunities across the energy, transportation, government and critical infrastructure sectors.
The above information is a part of company’s filings submitted to BSE.
