Announced Wed, 2 Sept · 17:08 IST
Independent Director Mr. Elisha Thatisetty resigns effective Sept 01, 2026
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹26.29
prior close
₹26.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.0+0.2+0.0+0.0-1.1-1.5-1.1-0.7-2.4————
Up moveDown movePending
AI summary
Mr. Elisha Thatisetty (DIN: 08531842), Independent Director of Magellanic Cloud Limited, has resigned from the Board effective September 01, 2026, citing personal reasons and other professional commitments. He confirmed there are no other material reasons for his resignation. The company acknowledged his valuable contributions during his tenure.
Likely market impact
Routine exit for personal reasons. No governance red flags. Board will need to fill the vacancy to meet statutory independent director requirements.