Magellanic Cloud Approves ₹20 Cr CCD Investment in Mcray Xtend

Magellanic Cloud Limited's Board of Directors, in a meeting held on November 13, 2026, approved the subscription of up to 2,00,00,000 Compulsorily Convertible Debentures (CCDs) in Mcray Xtend India Private Limited. The total investment amounts to ₹20,00,00,000 (₹20 Crore), with each CCD having an issue price of ₹10. The board also considered and approved the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. The meeting commenced at 01:00 p.m. (IST) and concluded at 03:48 p.m. (IST).