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

Date: 22-10-2026

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.

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