The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 13, 2025 for Jagan Mohan Reddy Thumma
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 3.4 pts less than Nifty Microcap 250 and 3.5 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.
Promoter Jagan Mohan Reddy Thumma of Magellanic Cloud Ltd has created a pledge on 4,285,000 shares (0.733% of total share capital) on June 11, 2025, in favour of Badjate Stock Broking Private Limited. After this pledge, his total encumbered shares rise to 11,190,000 (1.914%) out of his total promoter holding of 47,000,000 shares (8.04%). The filing also lists encumbrance status of other promoters – Joseph Sudheer Reddy Thumma (39.62% holding, 2.922% encumbered), Dennis Reddy Thumma (5.84% holding, 0.042% encumbered), Boyapati Inna Reddy (0.07%) and Innamma Thumma (4.72%). The new pledge is small relative to both the individual promoter's stake and the company's overall share capital.
This is a routine pledge creation by a relatively small promoter and represents only 0.733% of total share capital, so the immediate impact on stock price is limited. Investors should watch for any future pledge invocations or further encumbrances, which could signal financial stress.