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Magellanic Cloud’s arm bags order worth Rs 25 crore

Date: 25-03-2026

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has secured a purchase order worth over Rs 25 crore from Punjab & Sind Bank. The order involves deployment of advanced AI-enabled surveillance solutions across around 930 ATM/CRM sites, enabling enhanced real-time monitoring, threat detection and operational efficiency for the banking network. The order is to be executed within 5 years.

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