Magellanic Cloud Limited Appoints Ravi Janarthanan as Additional Director
The Board of Directors of Magellanic Cloud Limited announced the appointment of Mr. Ravi Janarthanan as an Additional Director. The appointment was approved during the Board meeting held on Saturday, April 11, 2026, with the directorship effective from the same date.Mr. Ravi Janarthanan will serve as an Additional Director (Non-Executive, Non-Independent).
The company reported that Mr. Ravi Janarthanan is an entrepreneur and global investor. His professional experience spans various sectors, including aerospace & defence, artificial intelligence, and energy. He brings expertise in strategy, innovation, and global collaborations, having associations with internationally operating business groups.
A detailed look at the appointment specifics is provided below:
| Particulars | Details |
|---|---|
| Name | Ravi Janarthanan |
| Designation | Additional Director (Non-Executive Director, Non-Independent) |
| Reason for change | Appointment |
| Date of Appointment | Mr. Ravi Janarthanan is appointed as an Additional Director (Non-Executive Non- Independent) with effect from 11th April 2026 |
| Disclosure of relationships between directors | NIL |
Furthermore, the company noted that Mr. Ravi Janarthanan is not debarred from holding the office of Director by any SEBI order or any other such authority, as per the information required under BSE circular no. LIST/COMP/14/2018-19, dated June 20, 2018.
MCLOUD Stock Price Movement
On Friday, shares of Magellanic Cloud Limited edged higher to close at ₹26.15, marking a 0.27% gain for the session. The stock closed amid steady trading volume of 1.71 million shares.Source:
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