MCLOUDNSEMagellanic Cloud LimitedMediumNeutral
Announced Sat, 11 Apr · 13:45 IST

Magellanic Cloud Limited has informed the Exchange regarding Appointment of Mr.Ravi Janarthanan as Non- Executive Director of the company w.e.f. April 11, 2026.

Management 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
+1.6%1-day move
₹26.20
prior close
₹25.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.0+0.6+3.4+1.6+1.8+3.4+1.1+0.1-2.4+5.0-4.6+1.8+13.5
Up moveDown movePending
AI summary

Magellanic Cloud Limited has announced the appointment of Mr. Ravi Janarthanan as an Additional Director (Non-Executive, Non-Independent) on the Board of Directors, effective April 11, 2026. The appointment was approved in the Board meeting held on the same date. Mr. Janarthanan is described as an entrepreneur and global investor with experience across aerospace & defence, artificial intelligence, and energy sectors. He is associated with internationally operating business groups and brings expertise in strategy, innovation, and global collaborations. The company has confirmed that there are no relationships between directors and that he is not debarred from holding the office of Director by any SEBI order.

Likely market impact

This is a routine board appointment adding an experienced global investor to the board, which could bring strategic value given his international business background. However, as a non-executive director, the direct operational impact on the company may be limited.