Magellanic Cloud Limited Appoints Ravi Janarthanan as Additional Director
Magellanic Cloud Limited announced the appointment of Mr. Ravi Janarthanan as an Additional Director (Non-Executive, Non-Independent) to the company’s Board of Directors. The Board of Directors approved the appointment during a meeting held on Saturday, April 11, 2026, with the appointment taking effect from the same date.Mr. Janarthanan’s addition strengthens the company's leadership structure. The company noted that Mr. Ravi Janarthanan is an accomplished entrepreneur and global investor with considerable experience spanning various critical sectors, including aerospace & defence, artificial intelligence, and energy. His background provides expertise in strategy, innovation, and global collaborations, which are expected to benefit the company.
Key details regarding the new director’s appointment are as follows:
| Detail | Information |
|---|---|
| Director Name | Mr. Ravi Janarthanan |
| Designation | Additional Director (Non-Executive, Non-Independent) |
| Appointment Date | April 11, 2026 |
| Relationship Disclosure | NIL |
| Status | Mr. Janarthanan is not debarred from holding the office of Director by any SEBI order or other authority. |
The company confirmed that there are no material disclosures regarding relationships between the directors.
MCLOUD Stock Price Movement
As of 2:47 PM, shares of Magellanic Cloud Limited are slipping by 0.84% in live trading, currently at ₹25.93. Trading volume stands at 1.71 million shares, keeping the stock well above its day's low of ₹24.56.Source:
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