Magellanic Cloud Ltd (MCLOUD) — Announcement | 21 September 2026 (2 announcements)

Magellanic Cloud Limited announced that its wholly owned subsidiary, Provigil Surveillance Limited, received a purchase order worth ₹44.60 lakh from Nayara Energy Limited to implement an AI-powered ANPR and video analytics platform at selected retail outlets and oil depots. The order aligns with the company's core surveillance and technology solutions business and reflects ongoing expansion into energy and infrastructure sectors. This development highlights the company's ability to secure new contracts in high-growth verticals, though the financial impact remains modest relative to overall operations.

Magellanic Cloud Limited announced that its wholly owned subsidiary Provigil Surveillance Limited received a purchase order worth ₹44.60 lakh from Nayara Energy Limited for AI-powered video analytics and vehicle-to-dispense automation across retail outlets and oil depots, marking the company's entry into India's AI smart fuel infrastructure market and strengthening its order book in emerging technology segments.