Magellanic Cloud Board Meeting on June 25 to Approve Equity Issuance

Magellanic Cloud Ltd has announced a Board of Directors meeting scheduled for June 25, 2026. The primary agenda item is to consider and approve the issuance of equity shares or convertible warrants on a preferential basis to raise funds. This issuance will be conducted in accordance with relevant Companies Act and SEBI regulations, subject to necessary approvals. Additionally, the company has announced a closure of the trading window for its directors, officers, and designated persons from June 18, 2026, until 48 hours after the announcement of the board meeting outcome.