NSESpurt in Volume30 Sept 2026 · 30 Sept 2026, 11:27 am
Spurt in Volume
Magellanic Cloud Limited · MCLOUD
✦ AI SummaryRegulatory
Magellanic Cloud Limited has responded to a query from the National Stock Exchange regarding a significant increase in volume of its shares, stating that the increase is market-driven and that all information furnished by the company is in the public domain.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Significant increase in volume has been observed in Magellanic Cloud Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Magellanic Cloud Limited has submitted their response.
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September 30, 2026
BSE 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: Clarification on Spurt / Movement in Price
Ref: Email dated September 29, 2026, bearing reference number:
NSE/CM/Surveillance/17631 by National Stock Exchange of India Limited (“NSE”)
Dear Sir/Madam,
This is with reference to NSE’s email bearing reference no: NSE/CM/Surveillance/17631, seeking
clarification on the significant increase in the volume of the Company’s shares in the recent past.
In this regard, we wish to clarify that all information furnished by the Company is in the public
domain and as on date, there is no announcement or price-sensitive information that is pending to
be intimated, furnished or disclosed by the Company to the Stock Exchanges under Regulation 30
of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (the "Listing Regulations").
We further wish to clarify that, increase in the volume of the Company’s shares is purely market
driven.
The Company has made and will continue to make disclosures in compliance with its obligations
under Regulation 30 of the Listing Regulations.
You are requested to take note of the above.
Thanking You,
Yours Faithfully,
For Magellanic Cloud Limited
Joseph Sudheer Reddy Thumma
Chairman & Managing Director
DIN: 07033919
MAGELLANIC CLOUD LIMITED
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