Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Acquisition
Magellanic Cloud acquired a 60% stake in MCRAY XTEND INDIA Private Limited, a Special Purpose Vehicle (SPV) established for UAV and defence technology. This Rs. 60 lakh investment aligns with its strategic expansion into indigenous technology development.
May 21 2026 13:05:00
Magellanic Cloud Limited
Magellanic Cloud Limited entered a strategic investment and collaboration agreement with Rayonix Tech Private Limited for UAV technology commercialization. The deal, valued up to ₹150 crore, involves forming a Special Purpose Vehicle with Magellanic Cloud holding a 60% majority stake to strengthen indigenous defense.
Apr 28 2026 14:04:00
Magellanic Cloud Ltd - 538891 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Magellanic Cloud Ltd entered a strategic investment and collaboration agreement with Rayonix Tech for up to INR 150 crore. This partnership aims to develop and supply warfare-grade UAVs & drones for India's defense ecosystem through a new Special Purpose Vehicle.
Apr 28 2026 12:04:00
Magellanic Cloud Limited
Magellanic Cloud secured a ₹8.21 crore order from North Western Railway, Bikaner Division for the supply and installation of CCTV surveillance systems. The project covers 54 stations and has an execution period of 6-9 months.
Apr 24 2026 17:04:00
Magellanic Cloud Limited
Magellanic Cloud's wholly-owned subsidiary, Provigil Surveillance, secured two orders worth approximately ₹8.21 crore from North Western Railway, Bikaner Division. These orders are for providing CCTV and IP-based surveillance systems, strengthening the company's position in railway security solutions and enhancing revenue visibility.
Apr 24 2026 16:04:00
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