BSECompany Update3 Nov 2026 · 3 Nov 2026, 09:03 am

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Magellanic Cloud Ltd · 538891

✦ AI Summary▲ PositiveExpansion

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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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment8/10

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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