The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 18, 2025 for Joseph Sudheer ....
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 0.1 pts more than Nifty Microcap 250 and 0.2 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 filed a revised disclosure (originally dated 5 November 2025) for promoter Joseph Sudheer Reddy Thumma, reporting creation of fresh pledges on his shares as collateral for loans. Six separate pledge creations were made on 28 and 29 October 2025 with entities such as Anand Rathi & Stock Brokers, Sjogani Exports, Aryan Mining & Trading, Badjate Stock Broking, Virtue Financial Service and Minsol Limited, totalling 34,00,000 shares (about 0.58% of share capital). After these pledges, Joseph Sudheer's total encumbered holding stands at 4,51,33,182 shares or 7.72% of the company's share capital, while his overall promoter holding remains 23,15,41,120 shares (39.62%). Other promoters listed include Jagan Mohan Reddy Thumma, Dennis Reddy Thumma Boyapati and Inna Reddy Innamma I Thumma.
Shareholders should note that the promoter has pledged additional shares as loan collateral, raising financial risk on the promoter's holding. However, his individual stake remains comfortably below 50%, and the total pledged portion is still only 7.72% of share capital, so no immediate governance or control concern arises from this filing.