MCLOUDBSEMAGELLANIC CLOUD LIMITEDMediumNeutral
Announced Wed, 2 Sept · 17:11 IST

Independent Director Mr. Elisha Thatisetty resigns from Magellanic Cloud board

MCLOUD · price

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▲ 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
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AI summary

Magellanic Cloud Limited has informed the exchanges that Mr. Elisha Thatisetty (DIN: 08531842), a Non-Executive Independent Director, has resigned from the Board effective September 1, 2026 from close of business hours. He cited personal reasons and other professional commitments. The company confirmed there are no other material reasons for his exit and he holds no directorships in any other listed entity. The Board placed on record its appreciation for his contribution.

Likely market impact

Single independent director exit for personal reasons. Not material to operations, but the company must fill the vacancy to meet SEBI board composition norms.