BSECompany Update3 Nov 2026 · 3 Nov 2026, 09:03 am
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Magellanic Cloud Ltd · 538891
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Magellanic Cloud Ltd announces readiness of UAV facility premises under joint venture, MCRAY XTEND INDIA PRIVATE LIMITED, with 60% equity stake, marking strategic expansion into defence and security sector.
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Magellanic Cloud Ltd - 538891 - Magellanic Cloud Announces Readiness Of UAV Facility Premises (Counter Drone) Under Joint Venture
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November 3, 2026
BSE Limited, National Stock Exchange of India Ltd.,
Dept. of Corporate Services, Dept. of Corporate Services,
S1c4ri pF lCooodr,e P :. J5. T3o8w89er1s/, SDcarliapl SIDtr e: eMt,C LOUD ESyxmchbaongl:e M PClaLzOa,U BDa/nSderrai-e Ks:u ErlQa Complex,
Fort, Mumbai - 400001 Bandra (East), Mumbai - 400051
Subject: Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter Drone)
Under Joint Venture
Respected Sir/Madam,
We are pleased to inform you that the premises for the advanced Unmanned Aerial Vehicle (UAV)
manufacturing and testing facility under the Company’s joint venture, MCRAY XTEND INDIA
PRIVATE LIMITED (“MCRAY”), are ready. The deployment of production and testing capabilities
and the commencement of commercial operations are planned in phases.
The facility is designed to support end-to-end manufacturing, assembly, system integration, high-
precision testing and distribution of advanced tactical drone systems powered by XTEND’s
proprietary XOS autonomy platform.
The Company holds a 60% equity stake in MCRAY, which is a joint venture established in
collaboration with Rayonix Tech and Israel-based XTEND. This development marks an important
step in the Company’s strategic expansion into the defence and security sector and strengthens its
focus on UAV manufacturing and autonomous technologies.
The aforesaid development is in the ordinary course of business of MCRAY and is aligned with its
business objectives in the areas of defence technology, drone manufacturing and autonomous
systems.
The Company remains committed to leveraging advaMncaekde itne cInhdnioalogiesA aatnmda nmirabnhuafra Bcthuarriantg
capabilities to address emerging opportunities in the defence, surveillance and critical
infrastructure sectors, in alignment with the objectives of and .
The Company will keep the Stock Exchanges informed of any further material developments in this
regard, in accordance with applicable regulatory requirements.
FTohra nMkaingge lYloaun,i c Cloud Limited
Yours Faithfully,
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