The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 13, 2026 for Joseph Sudheer Reddy ....
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 2.7 pts more than Nifty Microcap 250 and 2.6 pts more 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 Ltd has informed the exchanges about the release of pledged promoter shares on February 11, 2026. Promoter Joseph Sudheer Reddy Thumma released pledges of 50 lakh shares (0.84%) held with Aryan Mining & Trading Corp, 25 lakh shares (0.42%) with Minsol Limited, and 40 lakh shares (0.67%) with Merlin Projects Limited. Another promoter, Jagan Mohan Reddy Thumma, released a pledge of 19.25 lakh shares (0.32%) with Bikewin Trading Pvt Ltd. In total, about 1.34 crore pledged promoter shares (roughly 2.25% of share capital) have been freed from encumbrance. Post-release, Joseph Sudheer Reddy Thumma's encumbered holding fell to 8.15 crore shares (13.84%) from earlier higher levels, and Jagan Mohan Reddy Thumma's dropped to 2.93 crore shares (4.97%).
Pledge releases are generally seen as a positive signal for shareholders, as they reduce the risk of forced selling and suggest improved financial flexibility or confidence among promoters. This may provide near-term relief to the stock from overhang concerns.