Board Meeting Announcement for Magellanic Cloud Ltd - Mar 26, 2025

Magellanic Cloud Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2025 inter alia to consider and approve We wish to inform you that the meeting of the Board of Directors of the Company will be held on Wednesday 26th March 2025 at the Registered office of the Company at 02:30 P.M. 1) To consider and take a note that Scheme of Merger of Magellanic Cloud Limited (Transferee Company) with IVIS International Private Limited (Transferor Company) through fast-track route of merger as provided under Section 233 of the Companies Act 2013 that was approved in the 43rd Annual General Meeting of the Company held on 15th July 2024 hereby stands cancelled. The Management of the Company to discuss and approve the terms of Merger once again and shall inform the Stock Exchanges accordingly. 2) To consider and approve the Fresh Scheme of Merger of Magellanic Cloud Limited (Transferee Company) and IVIS International Private Limited (Transferor Company) as per the provisions of the Section 233 of the Companies Act 2013 and relevant rules made thereunder along with SEBI Regulations as applicable.