Magellanic Cloud Clarifies UBOs for Preferential Issue Allottee

Magellanic Cloud Ltd has issued a clarification regarding the Ultimate Beneficial Owners (UBOs) of Balaji Malts Private Limited, a proposed allottee in a preferential issue. Following observations from the National Stock Exchange of India Limited, the company has amended the list of UBOs. The updated list clarifies that certain UBOs of Balaji Malts Private Limited are also UBOs of Jodhani Papers Private Limited, one of the entities involved. This update is being disseminated to members and stakeholders to ensure accurate disclosure and compliance with regulations.