StockWatch
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Computers - Software & Consulting
Shareholding3 Nov 2026, 04:41 pm

Magellanic Cloud: Promoter Creates Pledge on Shares

AI Summary

Magellanic Cloud Limited has reported the creation of a pledge on shares by promoter Joseph Sudheer Reddy Thumma. This disclosure, made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, was filed on November 03, 2026. The event pertains to the creation of an encumbrance, specifically a pledge, on a portion of the promoter's holdings. The exact details of the number of shares pledged and the date of creation are provided in the filing.

Key Highlights

  • Promoter Joseph Sudheer Reddy Thumma created a pledge on shares.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.
  • Event pertains to creation of encumbrance on promoter holding.
  • Details of shares pledged and creation date are specified.