Magellanic Cloud Ltd - 538891 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Magellanic Cloud's EGM approved a preferential issue of equity shares and convertible warrants, and increased the NRI/OCI investment ceiling from 10% to 24%. However, shareholders rejected transactions under Section 185 of the Companies Act, 2013.
Jul 24 2026 18:57:30
Magellanic Cloud Ltd - 538891 - Shareholder Meeting / Postal Ballot-Outcome of EGM
Magellanic Cloud's EGM approved a preferential issue of equity shares and convertible warrants, and increased the NRI/OCI investment ceiling from 10% to 24%. However, shareholders rejected transactions under Section 185 of the Companies Act, 2013.
Jul 24 2026 18:54:39
Magellanic Cloud Ltd - 538891 - Corrigendum To The Notice Of The Extra Ordinary General Meeting Scheduled To Be Held On July 24, 2026
Magellanic Cloud released an EGM corrigendum updating its preferential issue details. The total equity shares to be issued have been revised to 3.69 crore, with the issue size adjusted to Rs. 110.78 crore. The proceeds of Rs. 490.89 crore will be used for a drone manufacturing facility, working capital, debt repayment, and R&D.
Jul 20 2026 16:40:20
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Magellanic Cloud's wholly-owned subsidiary, Provigil Surveillance, secured a ₹6.93 crore Letter of Acceptance from South Central Railway. This brings the company's total railway surveillance orders from the division to ₹13.18 crore within a week, strengthening its position in critical infrastructure.
Jul 13 2026 14:10:34
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Magellanic Cloud's wholly-owned subsidiary, Provigil Surveillance, secured a Rs. 62.52 crore order from South Central Railway. This contract involves the provision of advanced surveillance systems at various railway stations, reinforcing the company's presence in the railway surveillance segment.
Jul 06 2026 09:43:42
Magellanic Cloud Ltd - 538891 - Extra Ordinary General Meeting Scheduled To Be Held On Friday July 24, 2026
Magellanic Cloud has scheduled an EGM for July 24, 2026, to seek shareholder approval for a preferential issue of Rs.492.38 crore. The proposed fundraise will support a drone manufacturing facility, R&D, and working capital.
Jul 02 2026 15:34:04
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Magellanic Cloud's subsidiary, IVIS International, received a non-binding Letter of Intent from Manappuram Finance for AI-powered e-surveillance across over 1,000 branches. This agreement signifies a potential expansion of the company's BFSI sector presence, though definitive agreements and purchase orders are pending.
Jun 30 2026 11:21:07
Magellanic Cloud Ltd - 538891 - Upates
Magellanic Cloud's subsidiary, IVIS International Private Limited, secured a Letter of Intent (LOI) from Manappuram Finance Limited for AI-powered e-surveillance services. The LOI covers deployment across approximately 1,000+ branches but is non-binding, awaiting definitive agreements.
Jun 30 2026 10:00:09
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Magellanic Cloud's Board has approved the scheme of amalgamation with its wholly-owned subsidiary, IVIS International Private Limited. This merger aims to streamline operations, reduce compliance overheads, and enhance the company's financial strength and operational synergies.
Jun 25 2026 20:22:53
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Preferential Issue
Magellanic Cloud Board approved raising Rs. 492.39 crore through a preferential issue. This includes Rs. 112.29 crore via equity shares to non-promoters and Rs. 380.10 crore via convertible warrants to promoter/non-promoter groups, at Rs. 30 per share/warrant. The proposal requires shareholder approval at an EGM on July 24, 2026.
Jun 25 2026 20:18:43
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