Magellanic Cloud director resigns effective June 03, 2026

Ravi Janarthanan has resigned as Additional Non-Executive, Non-Independent Director of magellanic cloud effective June 03, 2026, due to personal reasons and other pre-occupations. The company confirmed there are no other material reasons for his departure. The Board of Directors and the Management acknowledged his valuable guidance and contribution during his association with the firm.

The disclosure was made to the stock exchanges on June 04, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also cited Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, regarding the details of the change.

Details of Resignation

The following table outlines the key particulars of the director's cessation:

Sl. No.	Particulars	Remarks
1	DIN	02368598
2	Name of Director	Ravi Janarthanan
3	Reason of change	Resignation due to personal reasons and other pre-occupations. No other material reason.
4	Date of Cessation	June 03, 2026

The information has been made available on the company's official website. Sameer Rajkumar Lalwani, Company Secretary & Compliance Officer, signed the disclosure on behalf of Magellanic Cloud Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+8.55%	+17.74%	+16.46%	+2.88%	-62.84%	-61.87%

Magellanic Cloud announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from East Coast Railway, Sambalpur Division, for a contract valued at ₹9.72 crore. This order reinforces the company's position as a surveillance technology partner for the public sector and contributes to its cumulative railway orders which now exceed ₹250 crore. The project focuses on enhancing safety and security across railway assets through modern infrastructure deployment.

The scope of the contract entails the supply, installation, testing, commissioning, and integration of CCTV surveillance systems and associated networking infrastructure. Specifically, the systems will be deployed at 91 manned non-interlocked Level Crossing (LC) Gates under the Sambalpur Division of East Coast Railway. The execution period for the order is set at 6 months.

Contract Details

The following table outlines the key particulars of the order received:

Particulars	Details
Name of entity awarding the order	East Coast Railway, Sambalpur Division
Nature of Order/Contract	Supply, installation, testing, commissioning and integration of CCTV surveillance systems and associated networking infrastructure
Time period for execution	6 Months
Broad consideration	INR 9.72 Crore Approx.
Related party transaction	No

The disclosure confirms that none of the promoter, promoter group, or group companies hold any interest in the entity awarding the contract. Furthermore, the order does not fall within the ambit of related party transactions. The company continues to focus on deepening engagement with PSUs and government agencies to leverage long-term growth opportunities in digital infrastructure and asset protection.