Magellanic Cloud Limited , a company listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), has recently seen significant developments in its shareholding structure and future financial plans.

Promoter Share Pledging

Between October 20-29, 2025, the company's promoters, Joseph Sudheer Reddy Thumma and Jagan Mohan Reddy Thumma, pledged portions of their shareholdings to various financial institutions. This move has resulted in changes to their encumbered shareholding percentages:

The financial institutions involved in these pledging activities include Anand Stock Limited and Virtue Financial, among others.

Details of Share Pledging

According to the LODR (Listing Obligations and Disclosure Requirements) data filed on November 17, 2025, the following details were disclosed:

Capital Raising Plans

In a separate development, the Board of Directors of Magellanic Cloud Limited held a meeting on November 17, 2025, where they approved a plan to raise additional capital. The key points of this decision are:

• The company aims to raise up to Rs. 500 crores.
• The capital may be raised through various instruments, including:
  • Equity Shares
  • Convertible or Non-Convertible Securities
  • Warrants
  • Debt Securities
• The methods for raising this capital may include:
  • Preferential Issue
  • Private Placements
  • Rights Issue
  • Other methods as permitted by applicable laws

This decision is subject to regulatory and statutory approvals, including approval from the company's shareholders.

The board meeting commenced at 3:00 PM (IST) and concluded at 3:50 PM (IST) on the same day.

These developments indicate significant financial activities within Magellanic Cloud Limited, potentially impacting its capital structure and future plans. Shareholders and potential investors may want to closely monitor these changes and their potential implications for the company's financial position and market performance.

Magellanic Cloud Limited , a prominent player in the Indian market, has announced a significant move to bolster its financial position. The company's Board of Directors has given the green light to an ambitious capital raising plan, aiming to secure additional funds of Rs. 500.00 crores.

Capital Raising Strategy

The company plans to raise this substantial amount through a variety of financial instruments, including:

• Equity shares
• Convertible securities
• Warrants
• Debt securities

This diverse approach allows Magellanic Cloud to tap into different segments of the capital market, potentially attracting a wide range of investors.

Methods of Capital Raising

The capital raising will be executed through several permitted methods, such as:

• Preferential issue
• Private placements
• Rights issue
• Other approved methods

This multi-pronged strategy provides the company with flexibility in its fundraising efforts, allowing it to adapt to market conditions and investor preferences.

Regulatory Approvals

It's important to note that this capital raising plan is subject to necessary regulatory approvals. The company will need to secure:

1. Approval from relevant regulatory bodies
2. Shareholder approval

These steps ensure that the capital raising process adheres to all legal and corporate governance requirements.

Board Meeting Details

The decision was made during a board meeting held on November 17. The meeting commenced at 3:00 PM (IST) and concluded at 3:50 PM (IST), as per the company's filing with the stock exchanges.

Potential Impact

While the specific use of funds has not been detailed in the announcement, a capital infusion of this magnitude could potentially be used for various purposes such as:

• Expansion of business operations
• Debt reduction
• Investment in new technologies or markets
• Strengthening the company's balance sheet

Investors and market watchers will likely keep a close eye on how Magellanic Cloud plans to utilize these funds and the potential impact on the company's future growth and market position.