MCLOUDNSEMagellanic Cloud LimitedLowNeutral
Announced Mon, 20 Apr · 18:36 IST

Magellanic Cloud Limited has informed the Exchange regarding 'Annual Disclosure Under Regulation 31(4) Of SEBI (SubstantialAcquisition Of Shares And Takeovers) Regulations, 2011'.

Promoter Below 50pctOwnership Changes View source PDF

MCLOUD · price

Loading chart…

▲ 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
-2.6%1-day move
₹26.50
prior close
₹26.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.2+2.3+2.1+2.5-2.6-3.5-1.9+1.8+1.8+2.1-5.7-2.5+9.2+5.7
Up moveDown movePending
AI summary

The Promoter & Promoter Group of Magellanic Cloud Limited filed a revised yearly disclosure under Regulation 31(4) of SEBI SAST Regulations, 2011, for the year ended 31 March 2026. The disclosure corrects a typographical/clerical error from an earlier filing. As of 31 March 2026, the promoter group collectively holds approximately 54% of the company (318.3 million shares), including Joseph Sudheer Reddy Thumma (35.90%), Jagan Mohan Reddy Thumma (7.98%), Dennis Reddy Thumma (5.80%), Innamma Thumma (4.29%), and Boyapati Inna Reddy (0.07%). Of these holdings, 107,855,554 shares are pledged as encumbrances. The promoters confirm no additional encumbrances were created during the year beyond what was already disclosed.

Likely market impact

Promoter stake at ~54% provides significant control, but with nearly 34% of promoter holdings pledged, any forced unwinding could pressure the stock. The correction of a prior disclosure adds minor opacity to the filing record.