Shareholders meeting

July 02, 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: Notice of the Extra Ordinary General Meeting (“EGM”) of Magellanic Cloud Limited (“the Company”) Dear Sir/Madam, We would like to inform you that the Extra-Ordinary General Meeting of the Company is scheduled on Friday, July 24, 2026, at 12:00 noon (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) in compliance with the applicable provisions of the Companies Act, 2013 read with MCA General Circulars No. 03/2025 issued in this behalf. The Notice of the Extraordinary General Meeting of the Company is attached herewith, the is also available on the website of the Company i.e. www.magellanic-cloud.com. Further, Schedule for the EGM including e-voting is as mentioned below: Cut-off date for e-voting Friday, July 17, 2026 E-voting commencement date Tuesday, July 21, 2026, at 09:00 a.m. (IST) E-voting conclusion date Thursday, July 23, 2026, at 05:00 p.m. (IST) EGM date and time Friday, July 24, 2026, at 12:00 noon (IST) You are requested to kindly note the same. 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 NOTICE OF THE EXTRA ORDINARY GENERAL MEETING NOTICE is hereby given that an Extraordinary General Meeting (“EGM”) of the Members of Magellanic Cloud Limited (the “Company”) will be held on Friday, July 24, 2026, at 12:00 noon. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The venue of the meeting shall be deemed to be the registered office of the Company at 6th Floor, Dallas Center, 83/1, plot no A1, Knowledge City, Rai Durg, Hyderabad, Rangareddi, TG 500032, to transact following business, in accordance with the provisions of relevant circulars issued by the Ministry of Corporate Affairs. SPECIAL BUSINESS: Item No. 1: Issue of 3,74,28,573 Equity Shares and 12,67,00,000 Convertible Warrants on Preferential basis: To consider and if thought fit, to pass with or without modification(s), the following Resolution as Special Resolution: “RESOLVED THAT pursuant to provisions of Sections 42, 62 and other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification(s) and re-enactment(s) thereof for the time being in force) read with the Companies (Prospectus and Allotment of Securities) Rules, 2014 and the Companies (Share Capital and Debentures) Rules, 2014 (including any statutory modification(s) and re-enactment(s) thereof for the time being in force), Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended (“SEBI (ICDR) Regulations, 2018”), the Securities and Exchange Board of India (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011, as amended (“Takeover Regulations”), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) and the rules, regulations, notifications and circulars issued thereunder and other applicable law including any other rules, regulations, guidelines, notifications, circulars and clarifications issued thereon from time to time by the Government of India, the Securities and Exchange Board of India (“SEBI”), Reserve Bank of India (“RBI”), the Ministry of Corporate Affairs, the respective stock exchange where the equity shares of the Company are listed (“Stock Exchange”), and or any other competent regulatory authority and in accordance with the uniform listing agreements entered into with the Stock Exchange and in accordance with the enabling provisions of the Memorandum of Association and Articles of Association of the Company and subject to such approvals, consents, permissions and sanctions as may be necessary or required from regulatory or other appropriate authorities, including but not limited to the Stock Exchange and SEBI and subject to such conditions and modifications as may be prescribed, stipulated or imposed by any of them while granting such approval, consents, permissions and sanctions and which terms may be agreed to by the Board of Directors of the Company (hereinafter referred to as “the Board” which expression shall include any Committee constituted by the Board or any person(s) authorized by the Board to exercise the powers conferred on the Board by this Resolution) and subject to such terms, conditions and modifications as the Board may in its discretion impose or agree to, consent of the Members be and is hereby accorded, to authorize, create, issue, offer and allot by way of Preferential Allotment, upto 3,74,28,573 (Three Crore Seventy-Four Lakh Twenty-Eight Thousand Five Hundred Seventy-Three) Equity Shares of the Company of face value of Rs. 2/- (Rupees Two) per Equity Share at an Issue Price of Rs. 30/- per Equity Share (Rupees Thirty Only) [including a premium of Rs. 28/- per Equity Share (Rupees Twenty Eight Only)] amounting to Rs. 112,28,57,190/- (One Hundred Twelve Crore MAGELLANIC CLOUD LIMITED Formerly known as South India Projects Limited CI N: L72100TG1981PLC169991 Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032 Telephone No.:040-43366058 www.magellanic-cloud.com info@magellanic-cloud.com Twenty-Eight Lakh Fifty-Seven Thousand One Hundred Ninety Only) and 12,67,00,000 (Twelve Crore Sixty- Seven Lakh) Convertible Warrants at an Issue Price of Rs. 30/- per Equity Share (Rupees Thirty Only) [including a premium of Rs. 28/- per Equity Share (Rupees Twenty Eight Only)] aggregating to the amount of Rs. 380,10,00,000/- (Rupees Three Hundred Eighty Crore Ten Lakh Only) to Promoter/Promoter Group and Non-Promoters, on preferential allotment basis in compliance with Chapter V of SEBI (ICDR) Regulations, 2018 and subsequent amendments thereto & on such terms and conditions and in such manner as the Board may in its absolute discretion deem fit, to the following persons/entities as mentioned below: Sr. Name of the Category No. of Equity No. of Convertible Name of the No Proposed (Promoter/ Shares proposed warrants proposed Ultimate Allottees Non to be allotted to be allotted Beneficial Promoter) Owner 1 Amit Agrwal Non Promoter 17,85,714 0 Amit Agrwal 2 Saroj Agrwal Non Promoter 17,85,714 0 Saroj Agrwal 3 Vishal Joshi Non Promoter 10,71,429 0 Vishal Joshi 4 Vema Reddy Vikram Non Promoter 7,14,286 0 Vema Reddy Vikram 5 Nvvsd Phani Non Promoter 7,14,286 0 Nvvsd Phani 6 Vangala Reddy Non Promoter 7,14,286 0 Vangala Reddy 7 Vangala Sudhakar Non Promoter 7,14,286 0 Vangala Reddy Sudhakar Reddy 8 Gangadhar Reddy Non Promoter 7,14,286 0 Gangadhar Reddy 9 Bharat Kumar Non Promoter 7,14,286 0 Bharat Kumar Reddy Vangala Reddy Vangala 10 Ramswami Reddy Non Promoter 7,14,286 0 Ramswami Reddy 11 Gopa Veerasai Non Promoter 17,85,714 0 Gopa Veerasai 12 Priti Anuj Badjate Non Promoter 5,00,000 0 Priti Anuj Badjate 13 Badjate Stock Non Promoter 5,00,000 0 Priti Anuj Broking Private Badjate Limited Tushar Anuj Badjate Raunak Anuj Badjte 14 Kivaan Global LLP Non Promoter 2,50,00,000 0 Atul Narendra Malik Trupti Malik 15 Manjula Thumma Promoter - 2,75,00,000 Manjula Group Thumma MAGELLANIC CLOUD LIMITED Formerly known as South India Projects Limited CI N: L72100TG1981PLC169991 Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangar [Showing first 8,000 characters — download PDF for full document]