Magellanic Cloud Independent Director Resigns

Key Details of Resignation

• Director Name: Mr. Elisha Thatisetty (DIN: 08531842)
• Position: Non-Executive, Independent Director
• Effective Date: September 01, 2026, from the closure of business hours
• Reason for Resignation: Personal reasons and other Professional Commitments
• Additional Confirmation: The company confirms there are no other material reasons for the resignation beyond those stated in the resignation letter

Additional Information from Annexure

• The resigning director holds no directorships in other listed entities
• Mr. Elisha Thatisetty has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter
• Resignation letter enclosed as Annexure B

Board Acknowledgement

The Board of Directors and Management placed on record their sincere appreciation for the valuable guidance, contribution, and support extended by Mr. Elisha Thatisetty during his association with the Company.

Resignation Letter Details (Annexure B)

• Date: August 30, 2026
• Addressed to: Board of Directors, Magellanic Cloud Limited
• Content: Formal resignation citing personal reasons and professional commitments, with confirmation of no other material reasons
• Effective: September 01, 2026 from closure of business hours

Financial Impact

No financial impact quantified in the disclosure. The resignation represents a governance change without immediate financial implications.