The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 11, 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 0.7 pts more than Nifty Microcap 250 and 1.4 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 promoters have filed a revised disclosure under SEBI's SAST Regulations regarding creation of new pledges on their shares. Promoter Jagan Mohan Reddy Thumma, who holds 4.70 crore shares (8.04% of capital), created a pledge of 8 lakh shares (0.137%) on June 2, 2025 with Anand Rathi Global Finance Ltd as collateral for loans, taking his total encumbered holding to 40.05 lakh shares (0.686%). Co-promoter Dennis Reddy Thumma, holding 3.41 crore shares (5.84%), pledged 2.5 lakh shares (0.042%). Other promoters — Joseph Sudheer Reddy Thumma (39.62%), Boyapati Inna Reddy (0.07%) and Innamma Thumma (4.72%) — reported no new encumbrance. The original disclosure was filed on June 3, 2025 and this is the revised version.
The pledged amounts are small relative to total promoter holdings, so limited immediate impact on shareholders. Pledge creation using promoter shares as loan collateral is a routine funding activity but is worth monitoring — large or frequent pledges can be a risk signal suggesting financial stress.