Magellanic Cloud Featured LIVE on NDTV Profit Following Manappuram Finance LOI and Strong Q1 Business Momentum
Hyderabad, July 01, 2026
Hyderabad, July 1, 2026: Magellanic Cloud Limited was featured LIVE on NDTV Profit, where the Company’s Global MD & CEO, Joseph Sudheer Thumma, shared insights into the Company’s latest business developments, strategic growth, and expanding surveillance portfolio.
During the interview, Mr. Thumma discussed the recently signed Letter of Intent (LOI) with Manappuram Finance Limited for outsourced Command & Control Centre (CCC) e-surveillance services. The discussion also highlighted Magellanic Cloud’s growing order pipeline, increasing adoption of its intelligent surveillance solutions, and the Company’s continued focus on delivering technology-driven security infrastructure across India.
The LIVE feature comes as Magellanic Cloud concludes Q1 FY27 with a strong order book, reflecting sustained business momentum and reinforcing confidence in the Company’s long-term growth strategy. The positive market sentiment was also evident, with the Company’s stock witnessing an intraday gain of over 6% following the developments.
Speaking during the interview, Joseph Sudheer Thumma, Global MD & CEO, Magellanic Cloud Limited, shared his perspective on the Company’s growth trajectory, the significance of the Manappuram Finance engagement, and the opportunities ahead as demand for intelligent surveillance and digital security solutions continues to accelerate.
The NDTV Profit feature marks another milestone in Magellanic Cloud’s journey of innovation and execution, underscoring the Company’s commitment to creating long-term value for its customers, partners, employees, and shareholders.
About Magellanic Cloud Limited
Magellanic Cloud Limited is a leading technology-driven enterprise delivering solutions across surveillance, drone technology, fintech, and IT services through its portfolio of specialized subsidiaries. The company focuses on building scalable, AI-powered platforms that enable enterprises and public infrastructure to operate with enhanced intelligence, security, and efficiency.
