Magellanic Cloud Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/11/2025 ,inter alia, to consider and approve Please refer the attached letter.
MCLOUD · price
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Awaiting price reaction for this filing.
Magellanic Cloud Ltd has called a Board meeting on Monday, November 17, 2025 to consider a proposal for raising funds. The company may issue equity shares, convertible or non-convertible securities, warrants, or debt securities. The fund raising could be done through preferential issue, private placement, rights issue, or any combination of methods permitted under law. The proposal will require shareholder approval and other regulatory clearances. The trading window for directors, officers, and designated persons has been closed from November 12, 2025 until 48 hours after the outcome is made public.
This is a preliminary notice signalling a potential capital raise, which could lead to dilution for existing shareholders depending on the instrument and pricing finally approved. The stock may see some activity or volatility around the November 17 board meeting as investors await details on the size, method, and price of the proposed issue.