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Corporate update

Magellanic Cloud: Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited emerges as L1 Bidder in…

Magellanic Cloud (MCLOUD) filed a disclosure titled "Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited emerges as L1 Bidder in Bank of Maharashtra's E-surveillance Tender". The company is valued at about ₹1,418 crore.

BCEIE News Desk · Published 22 Oct 2026, 09:32 am IST · Filing received 22 Oct 2026, 09:17 am IST

What happened

Magellanic Cloud (MCLOUD) filed a disclosure with the exchanges on 22 October 2026 at 09:17 AM titled "Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance Limited emerges as L1 Bidder in Bank of Maharashtra's E-surveillance Tender".

Company snapshot

Magellanic Cloud is a small-cap company, with a market value of about ₹1,418 crore.

The stock last traded at ₹24.08, against a 52-week range of ₹19.4–₹68.68 (64.9% below the high).

Before this filing the shares had moved −5.5% over the month and −13.0% over three months. Average daily turnover over the last 20 sessions was about ₹4.68 crore.

Promoters held 54.04% at the end of Q1 FY27; 46.76% of promoter shares were pledged. Foreign institutions owned 0.21% and domestic institutions 0.02%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2616427.80.47
Q2 FY2616427.80.48
Q3 FY2616429.20.5
Q4 FY26206251
Q1 FY2718023.70.4

What history shows

This is not the company's first corporate update disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.9% on average the next trading day and was down 4.7% on average after five days (8 filings with price data).

Market-wide, 273 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.2%, with 41% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
21 Sept 2026Attached herewith the Press Release−0.5%−5.3%
21 Sept 2026Attached Herewith the Intimation of the same−0.5%−5.3%
7 Sept 2026Corporate update−1.4%−2.4%
7 Sept 2026Attached herewith intimation of the same−1.4%−2.4%
1 Sept 2026Corporate update−1.4%−2.7%

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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