StockWatch
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Computers - Software & Consulting
Management Change2 Sept 2026, 05:10 pm

Magellanic Cloud Director Resigns Due to Personal Reasons

AI Summary

Magellanic Cloud Ltd announced the resignation of Mr. Elisha Thatisetty, an Independent Director, effective September 01, 2026. The resignation is attributed to personal reasons and other professional commitments. The company confirmed there are no other material reasons for his departure and expressed appreciation for his contributions. Mr. Thatisetty has also confirmed no other material reasons exist beyond those stated. The company will make this information available on its website.

Key Highlights

  • Independent Director Mr. Elisha Thatisetty resigns from the board.
  • Resignation is effective September 01, 2026, due to personal reasons.
  • No other material reasons for resignation were disclosed.
  • Company expresses gratitude for his past contributions.