Joseph Sudheer Reddy Thumma has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.7 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Magellanic Cloud Limited's promoters have disclosed that 10,94,83,767 equity shares (approximately 10.95 crore shares) stand pledged as on March 31, 2026. This is a yearly compliance filing under SEBI regulations requiring disclosure of share encumbrances by promoters. The company confirmed that no additional encumbrances were created during FY2025-26 beyond what was already disclosed. The total promoter holding stands at approximately 54.04% of the company, meaning about 63.6% of promoter shares are pledged.
High pledge levels by promoters can signal financial stress or risk for shareholders, as pledged shares may be invoked by lenders if promoters default. This disclosure shows a significant portion of promoter equity is encumbered.