Date: July 29, 2026
Operational / Strategic Disclosures
Magellanic Cloud Limited's subsidiary, Motivity Labs Inc., has secured multiple purchase orders from Google LLC with a total value of approximately USD 1.21 million.
The company states that these orders are expected to:
- Further drive the growth of Motivity Labs Inc.
- Significantly contribute to increased revenue for Magellanic Cloud Limited during the upcoming year
- Strengthen Motivity Labs Inc.'s strategic relationship with Google LLC
- Enhance the company's revenue visibility over the contract period
The announcement highlights that these awards reaffirm Motivity Labs' capabilities as a trusted technology partner in delivering advanced data engineering, analytics, and program management solutions for global enterprises.
The company committed to keeping stock exchanges informed of any material developments in accordance with applicable regulatory requirements.
The disclosure was signed by Joseph Sudheer Reddy Thumma, Chairman & Managing Director (DIN: 07033919).