Attached herewith clarification on Spurt / Movement in Price

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