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Magellanic Cloud LimitedPledging, 16-02-2026: Pledge/Unpledge

16-02-2026 | 12:02 pm

Magellanic Cloud Limited's promoter group has disclosed an additional pledge of 10 lakh shares, which is 1.5% of the company's total equity. This transaction pushes the promoter's total pledged holding to 9.0% of the company's shares, up from 7.5% previously. Pledging shares generally indicates that promoters are using their shares as collateral for financing. Investors often monitor pledging levels as they can reflect promoter liquidity or financing needs.

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