NSE MCLOUD

Magellanic Cloud’s Order Momentum Accelerates with ₹8.90 Crore DFCCIL Win, Further Strengthening Growth Momentum

Magellanic Cloud’s Order Momentum Accelerates with ₹8.90 Crore DFCCIL Win, Further Strengthening Growth Momentum

Hyderabad (Telangana) [India], August 19: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Ahmedabad, for a contract valued at ₹8.90 crore (Rupees Eight Crore Ninety Lakh Only). Notably, this LOA comes within a week of Provigil having received another order from DFCCIL, underscoring the growing confidence placed by the PSU major in Provigil’s capabilities. The order further strengthens the Company’s growing order book and adds another significant critical infrastructure project to its portfolio. Under…
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