News Announcement

Magellanic Cloud: Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations And DisclosureRequirements) (LODR) Regulations 2015

With reference to the captioned subject we wish to inform you that the Board of the Directors of the Companyat their meeting held today i.e. August 13 2024 has considered and approved to raise additional capital to theextent of Rs. 500 crores through issue of one or more instruments including Equity Shares Convertible or Non-Convertible Securities of any description or Warrants or Debt Securities through Preferential Issue PrivatePlacements Rights Issue or any other methods or combination thereof as may be permitted under applicablelaws subject to such regulatory/statutory approvals as may be required including the approval of theshareholders of the Company.Please note that the Board Meeting commenced today at 12:00 P.M. and concluded at 12:30 P.M.The above intimation is given to you for your record Kindly take the note of the same.


दूसरी कैटेगरी