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Magellanic Cloud’s arm emerges as L1 bidder in Bank of Maharashtra’s e-surveillance tender

22 Oct 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has emerged as the L1 (lowest) bidder in the tender issued by Bank of Maharashtra for the provision of e-surveillance solutions across 1550 plus sites, with a project value of approximately Rs 115 crore. 

The scope of work under the tender includes the supply, installation, and commissioning of e-surveillance systems with advanced AI features, along with the operation of a 24/7 Central Monitoring Station. The award of the contract remains subject to the issuance of a formal order by Bank of Maharashtra.

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


Peers
Company Name CMP
TCS 2536.00
Infosys 1165.00
HCL Technologies 1418.00
Wipro 189.00
Tech Mahindra 1798.00
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