Magellanic Cloud (MCLOUD) — Announcement

📢 Key Event
Magellanic Cloud completes 74% of Punjab & Sind Bank surveillance deployment in five months

💡 Investor Takeaway
This execution speed and scale validate the company's operational capabilities and growth potential in the BFSI security market.

Magellanic Cloud Limited announced completion of Phase 1 deployment of e-surveillance systems across 685 of 930 Punjab & Sind Bank sites within five months, achieving 74% completion by August 2026. The milestone highlights the company's ability to execute large-scale, geographically distributed security projects rapidly while maintaining operational efficiency. This accomplishment strengthens its position in the BFSI sector and demonstrates scalable technology delivery capabilities for future institutional security contracts.

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About Magellanic Cloud Ltd (MCLOUD)

Information Technology · IT - Software · Listed on BSE

Market Cap: ₹1,549.25 Cr P/E: 14.0 ROE: 21.3% ROCE: 21.6%

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🔥 Also filed on 2 September 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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