Shareholders meeting

September 30, 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: Proceedings along with the Consolidated Scrutinizer’s Report of the Annual General Meeting of Magellanic Cloud Limited (the “Company”) held on September 30, 2026 Dear Sir/Madam, In terms of the General Circular 03/2025 dated September 22, 2025, other circulars issued by the Ministry of Corporate Affairs (“MCA Circulars”) and relevant circulars issued by Securities and Exchange Board of India (“SEBI Circulars”), (collectively known as “Circulars”), and in compliance with the provisions of the Companies Act, 2013 (the “Act”) and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), the Annual General Meeting (“AGM”) of the Company held today i.e. Wednesday, September 30, 2026, at 12:00 noon (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”) to transact the business as stated in the Notice dated September 01, 2026. In this regard, please find enclosed the following: • Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule III of the Listing Regulations - Annexure A.  Voting Results in terms of Regulation 44(3) of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 – Annexure B • Report of the Scrutinizer dated September 30, 2026, pursuant to Section 108 of the Act and Rule 20 of the Companies (Management and Administration) Rules, 2014 – Annexure C. The AGM concluded at 12:14 p.m. (IST). The Proceedings of the AGM and Voting Results along with the Scrutinizer’s Report dated September 30, 2026, will also be made available on the Company's website at www.magellanic-cloud.com This is for your information and records. Thanking You, Yours Faithfully, For Magellanic Cloud Limited Sameer Rajkumar Lalwani Company Secretary & Compliance Officer Membership no. 57275 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 Annexure A PROCEEDINGS OF THE ANNUAL GENERAL MEETING OF THE COMPANY HELD ON WEDNESDAY, SEPTEMBER 30, 2026 The Annual General Meeting (“AGM”) of the Members of the Company was held today, i.e. Wednesday, September 30, 2026, at 12:00 noon (IST) through VC/OAVM to transact the business as stated in the Notice dated September 01, 2026. The AGM was held in compliance with the General Circular 03/2025 dated September 22, 2025, other circulars issued by the Ministry of Corporate Affairs (“MCA”) (“MCA Circulars”) and relevant circulars issued by the Securities and Exchange Board of India (“SEBI Circulars”), (collectively known as “Circulars”), from time to time wherein the companies are allowed to hold AGM/EGM through VC, without the physical presence of members at a common venue. Pursuant to the provisions of the Act and the Listing Regulations, Mr Joseph Sudheer Reddy Thumma, Managing Director chaired the Meeting. The requisite quorum being present, the Chairman called the Meeting to order. The Chairman welcomed the shareholders present at the AGM and introduced the Directors on the Board and Key Managerial Personnel (“KMP”) of the Company. The following Directors and KMP attended the AGM: Mr Joseph Sudheer Reddy Thumma : Chairman and Managing Director Mr Jagan Mohan Reddy Thumma : Managing Director Mr Ameeruddin Syed : Whole Time Director Mr Narasimha Rao Chundu : Non-Executive, Independent Director Mr Pratik Harishbhai Bhatt : Chief Financial Officer Mr Sameer Rajkumar Lalwani : Company Secretary & Compliance Officer Further, the representatives of the Statutory Auditors – M/s SGCO & Co, LLP, Chartered Accountants, Secretarial Auditors and Scrutinizer for the AGM – Deep Shukla & Associates, Company Secretaries, were also present at the AGM. The Chairman informed that in accordance with circulars, the AGM was conducted through VC/OAVM. Mr Sameer Lalwani, Company Secretary & Compliance Officer welcomed and informed the Members that the facility of remote e-voting for exercising their voting rights through e-voting platform provided by Central Depository Services (India) Limited ("CDSL") was made available from Sunday, September 27, 2026, at 09:00 a.m. (IST) to Tuesday, September 29, 2026, at 05:00 p.m. (IST) and it was informed that the Members who have not voted through remote e-voting and who have attended this AGM will have an opportunity to cast their votes within 15 minutes post conclusion of the AGM. He further informed that the AGM has been convened through VC facility in compliance with the regulatory requirements. The brief points relating to participation at the Meeting through VC were informed and the Company had made necessary arrangements with CDSL to provide facility for voting through remote e voting, e-voting during the AGM and participation in the AGM through VC facility. 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 Mr Sameer Lalwani informed the members that the following Resolution set out in the notice convening the AGM was put to vote by remote e-voting and e-voting during the AGM: Sr No Details of Agenda Resolution required (Ordinary / Special) 1 Adoption of Accounts – Standalone and Consolidated Ordinary To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditor's thereon. 2 Appointment of a Director retiring by rotation Ordinary To appoint a director in place of Mr. Carwin Heierman (DIN: 08458981), Executive Director, who retires by rotation, and being eligible, offers himself for re-appointment and in this regard Mr Sameer Lalwani invited the Members to express their views, seek clarifications and ask questions on the proposed transaction and related matters. The Chairman, Mr. Joseph Sudheer Reddy Thumma, formally addressed the shareholders and presented an overview of the Company’s business performance during the year. He also outlined the Company’s future prospects, projections, and growth plans. The Chairman briefed the Members on the overall business operations and developments of the Company during the year under review. He expressed his appreciation and thanked the Members for their valuable participation and for attending the Annual General Meeting. The Register of Directors & Key Managerial Personnel and their Shareholding and Register of Contract or arrangement in which Directors are interested, were made available for inspection to the members through electronic mode. Mr Sameer Lalwani informed that the e-voting facility was kept open for 15 minutes post conclusion of AGM to enable the Members to cast their vote. He also thanked the Chairman, Board of Directors, KMP, Shareholders, Auditors, Scrutinizer, Secretarial Team, Finance Team, CDSL Team and all other participants for attending the AGM. The AGM concluded at 12:14 p.m. (IST). The Scrutinizer's Report was received after conclusion of the AGM on September 30, 2026. Thanking You, Yours Faithfully, For Magellanic Cloud Limited Sameer Rajkumar Lalwani Company Secretary & Compliance Officer Membership no. 57275 MAGELLANIC CLOUD LIMITED Formerly known as South India Projects Limited CIN: L72100TG1981P [Showing first 8,000 characters — download PDF for full document]