Magellanic Cloud Limited — Others, 10-06-2025: Shareholders meeting

Magellanic Cloud Limited has announced a board meeting to approve acquiring a controlling stake in Finoux Solutions Private Limited through an equity share swap via preferential allotment. This strategic acquisition aims to expand Magellanic Cloud’s presence in fintech and related sectors, enhancing its business portfolio and operations. The move reflects the company’s focus on growth and diversification, with shareholder participation confirming support. Voting outcomes will be updated on the company’s website.