Outcome of Board Meeting

September 01, 2026 Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., Dept. of Corporate Services, Dept. of Corporate Services, 14th Floor, P.J. Towers, Dalal Street, Exchange Plaza, Bandra- Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 538891/Scrip ID: MCLOUD Symbol: MCLOUD/Series: EQ Sub: Outcome of the meeting of the Board of Directors of Magellanic Cloud Limited (the “Company”) held on September 01, 2026 Respected Sir/Madam, With reference to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to intimate your esteemed exchange that the Board of Directors of the Company at their meeting held today i.e. Tuesday, September 01, 2026, inter alia approved: 1. Appointment of Senior Management Personnel of the Company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Notice convening the 45th Annual General Meeting of the Company, scheduled to be held on Wednesday, September 30, 2026, at 12:00 noon (IST) The meeting commenced at 12:00 noon (IST) and concluded at 12:20 p.m. (IST). The required information pursuant to SEBI Master Circular: HO/49/14/14(7)2025-CFD- POD2/I/3762/2026, dated January 30, 2026, is annexed The same has also been made available on the website of the Company i.e. www.magellanic-cloud.com We request you to kindly take the above on record. Thanking You, Yours faithfully, For Magellanic Cloud Limited Sameer Rajkumar Lalwani Company Secretary & Compliance Officer Membership no. 57275 Encl: a/a MAGELLANIC CLOUDLIMITED Formerly known as South India Projects Limited CIN: L72100TG1981PLC169991 Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032 Telephone No.: 040-46515454 www.magellanic-cloud.com info@magellanic-cloud.com ANNEXURE S.No. Particulars Details Name Pratik Harishbhai Bhatt Sameer Rajkumar Lalwani Jyoti Chauhan Sunil Suri 1. Reasons for Change- Appointment, Appointment as Senior Management Personnel Resignation, Others 2. Date of Appointment, September 01, 2026 Resignation, Others 3. Disclosure of Not Applicable relationships between directors (in case of appointment of a director). 4. Brief profile (in case A vision-driven and results- Sameer Lalwani is a qualified Jyoti Chauhan is a Human Resources IT Governance, Risk, Compliance, of appointment). oriented finance leader with Company Secretary and Bachelor of professional with around two decades of Quality, and Information over 2 decades of experience Commerce professional with over 8 experience across HR strategy, talent Security leader with 20 years of in Structured Credit, years of post-qualification experience acquisition, workforce planning, HR experience driving enterprise- Corporate Finance, and in corporate law, securities laws, operations, organizational development, wide governance, compliance, Business Development, regulatory compliance, corporate employee engagement, and HR quality transformation, delivering sustained governance and company secretarial transformation. She serves as Director – information security, AI profitability through functions. He has diverse experience Human Resources at Magellanic Cloud governance, and process strategic planning, across listed companies, NBFC and and is involved in managing and excellence across global disciplined execution, and private-sector organisations. supporting HR functions across multiple technology organizations. market expansion. companies within the Magellanic Cloud Currently serving as Head – Recognized for shaping Prior to his appointment as Company Group. Compliance and Audit at business policies, steering Secretary & Compliance Officer of Magellanic Cloud, with strong organizational growth, and Magellanic Cloud Limited, he was Her experience includes building and expertise in ISO 9001, ISO/IEC providing strategic direction associated with Bajaj Global Limited, strengthening HR functions, developing 27001, ISO/IEC 42001, CMMI to cross-functional teams to Salgaocar Minings Pvt. Ltd., Kreo and implementing HR policies and ML3 & ML5, SOC 2 Type I & II, achieve long-term financial Capital Private Limited, Latestly processes, strategic workforce planning, HIPAA, and Agile/Scrum. Proven and operational excellence. Media Private Limited, and Piyush talent management, performance track record of establishing Kataria & Associates. management, compensation and scalable governance Prior to being associated as benefits, learning and development, frameworks, leading successful the Chief Financial Officer of He has sound knowledge and succession planning, employee global certifications and audits Magellanic Cloud Limited, he practical expertise in the Companies engagement, and employee experience. with zero major non- MAGELLANIC CLOUDLIMITED Formerly known as South India Projects Limited CIN: L72100TG1981PLC169991 Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032 Telephone No.: 040-46515454 www.magellanic-cloud.com info@magellanic-cloud.com served as Associate Director Act, 2013, SEBI Regulations, She has also contributed to Great Place to conformities, managing – P&L Head (In-house FEMA/FDI regulations, LLP Act and Work, workplace culture, and employer enterprise risk and controls, and Business) and Head – RBI compliances, with particular branding initiatives across Group driving continual improvement Distribution & Channel proficiency in SEBI (LODR), SAST and companies. and organizational maturity. Alliances at MHP Fintech PIT regulations, ROC/MCA filings and Built and implemented an AI Services Pvt. Ltd., responsible listed-company compliance Jyoti has experience in HRIS Governance Framework/AIMS, for profit center ownership, requirements. He has also handled implementation and digital HR led QMS and ISMS channel strategy, and alliance regulatory correspondence and transformation, including projects transformation initiatives, and management. Adept at coordinated with stock exchanges, involving HRMIS Tranformations,SAP enabled AWS and Microsoft planning, developing, shareholders, RTAs, auditors and SuccessFactors across Performance Azure partnership programs reviewing, and reporting other key stakeholders. Management, Succession Management, through governance and business development and Talent Management, Compensation & compliance readiness. Trusted channel sales strategies, with His experience includes managing Benefits, OKR implementations and advisor to executive leadership, a strong focus on geographic corporate actions such as other HR processes. Her project customers, auditors, and cross- expansion and scalable preferential issues, rights issues, experience also includes Balanced functional teams, with growth. share swaps, bonus issues, equity and Scorecard, employee engagement and experience supporting global warrant allotments and dividend satisfaction, competency mapping, policy organizations including Johnson Demonstrates excellence in matters, along with drafting and formulation, process standardization, & Johnson, Fiserv, Ascension, Corporate Finance, with deep implementing corporate policies and and HR process improvement. Hitachi, Imperial Bank, and expertise in devising and SOPs. Napier Healthcare. Recognized implementing strategies to for translating business and She has completed HR Analytics from IIM enhance operational He also has practical exposure to regulatory requirements into Rohtak and is a member of the Society for efficiency, optimize ROI, and acquisitions, fast-track mergers and effective governance strategies Human Resource Management (SHRM). maintain value-driven corporate restructuring, providing a that strengthen compliance, She also brings experience in project relationships with broader understanding of operational excellence, custom [Showing first 8,000 characters — download PDF for full document]