Magellanic Cloud: Approved Subscription upto 2,00,00,000 Compulsorily Convertible Debenture of Mcray Xtend India Private…
Magellanic Cloud (MCLOUD) filed a disclosure titled "Approved Subscription upto 2,00,00,000 Compulsorily Convertible Debenture of Mcray Xtend India Private Limited at an Issue Price of Rs.10/- each aggregating to Rs 20,00,00,000". The company is valued at…
What happened
Magellanic Cloud (MCLOUD) filed a disclosure with the exchanges on 13 November 2026 at 06:17 PM titled "Approved Subscription upto 2,00,00,000 Compulsorily Convertible Debenture of Mcray Xtend India Private Limited at an Issue Price of Rs.10/- each aggregating to Rs 20,00,00,000".
How big is it?
At ₹20 crore, the deal is equal to about 1.4% of the company's market value of ₹1,450 crore.
Company snapshot
Magellanic Cloud is a small-cap company, with a market value of about ₹1,450 crore.
The stock last traded at ₹24.62, against a 52-week range of ₹19.4–₹68.68 (64.2% below the high).
Before this filing the shares had moved +1.3% over the month and −15.3% over three months. Average daily turnover over the last 20 sessions was about ₹3.66 crore.
Promoters held 54.04% at the end of Q1 FY27; 46.76% of promoter shares were pledged. Foreign institutions owned 0.21% and domestic institutions 0.02%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 164 | 27.8 | 0.47 |
| Q2 FY26 | 164 | 27.8 | 0.48 |
| Q3 FY26 | 164 | 29.2 | 0.5 |
| Q4 FY26 | 206 | 25 | 1 |
| Q1 FY27 | 180 | 23.7 | 0.4 |
What history shows
BCEIE's records show 1 previous m&a filing from the company since May 2026.
Market-wide, 2,455 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 13 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Magellanic Cloud Publishes EGM Notice for ₹492.39 Crore Fund Raise on July 24
- Magellanic Cloud UAV Facility Ready for Operations
- Magellanic Cloud Limited Forms ₹100 Crore UAV Manufacturing JV
- Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned
- Magellanic Cloud Declares UAV Facility Readiness Under McRay Xtend India Joint Venture
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.