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Magellanic Cloud Ltd. ( (IN:MCLOUD) ) just unveiled an announcement.
Magellanic Cloud Limited’s board has appointed Prathik Harishbhai Bhat as Interim Chief Financial Officer and Key Managerial Personnel with effect from 13 January 2026, following the recommendation of the Nomination and Remuneration Committee. Bhat, a seasoned finance professional with more than two decades of experience in structured credit, corporate finance, business development and P&L leadership, is expected to strengthen the company’s financial oversight, strategic planning and growth initiatives, underscoring Magellanic Cloud’s focus on disciplined execution, operational efficiency and market expansion as it navigates its next phase as a listed technology-focused enterprise.
More about Magellanic Cloud Ltd.
Magellanic Cloud Limited, formerly known as South India Projects Limited, is an India-listed company based in Hyderabad and traded on both the Bombay Stock Exchange and the National Stock Exchange under the symbol MCLOUD. The company operates in the technology and services space, with a corporate structure that requires compliance with SEBI’s listing and disclosure regulations as a publicly traded entity.
Average Trading Volume: 2,515,942
Technical Sentiment Signal: Sell
Current Market Cap: 13.97B INR
For detailed information about MCLOUD stock, go to TipRanks’ Stock Analysis page.