Magellanic Cloud promoters pledge 10.94 crore shares as of March 31, 2026
Promoters of Magellanic Cloud Limited disclosed that 10,94,83,767 equity shares were pledged as of March 31, 2026, under SEBI regulations. The company confirmed no additional encumbrances were created during the financial year.

*this image is generated using AI for illustrative purposes only.
Promoters of Magellanic Cloud have disclosed that an aggregate of 10,94,83,767 equity shares were pledged as of March 31, 2026. This disclosure was submitted to the Bombay Stock Exchange and the National Stock Exchange of India in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation ensures that all encumbrances created during the financial year ended March 31, 2026, have been duly reported to the stock exchanges.
The promoters confirmed that, save and except the encumbrances already disclosed, no additional encumbrance was created by them directly or indirectly during the said financial year. The disclosure was signed by Joseph Sudheer Reddy Thumma on behalf of all promoters of the company.
Shareholding Details
The shareholding of the promoter and promoter group as of March 31, 2026, is detailed below:
| Name | Category | Total number of Shares held |
|---|---|---|
| Joseph Sudheer Reddy Thumma | Promoter | 211466356 |
| Jagan Mohan Reddy Thumma | Promoter | 47000000 |
| Innamma Thumma | Promoter Group | 25292980 |
| Dennisreddy Thumma | Promoter Group | 34141740 |
| Boyapati Inna Reddy | Promoter Group | 437760 |
Historical Stock Returns for Magellanic Cloud
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.29% | +14.71% | +12.31% | +3.37% | -62.70% | -63.23% |
What is the specific purpose for which the pledged shares have been utilized, and will these funds be directed towards company expansion or personal debt repayment?
How does the current pledge ratio impact the promoters' ability to raise further capital, and are there risks of margin calls triggering a sell-off?
Could this high level of encumbrance signal potential liquidity stress for the promoters, and might it lead to a dilution of their stake in the future?


































