Magellanic Cloud Updates Ultimate Beneficial Owners List
Magellanic Cloud Limited updated its list of Ultimate Beneficial Owners for Balaji Malts Private Limited following NSE observations. The revised list clarifies UBOs of both Balaji Malts Private Limited and Jodhani Papers Private Limited, ensuring compliance with regulatory requirements.
This is a clarification of existing information related to beneficial ownership, not a new event or development that would materially impact the company's operations or financials.
The announcement is a routine regulatory filing providing clarification on ownership details, with no significant positive or negative financial or operational impact.
Magellanic Cloud Limited, formerly South India Projects Limited, has issued an update regarding the list of Ultimate Beneficial Owners (UBOs) for one of its proposed allottees, Balaji Malts Private Limited. This clarification follows observations from the National Stock Exchange of India Limited.
Previously, in notices dated June 25, 2026, and a corrigendum dated July 20, 2026, the UBOs of Balaji Malts Private Limited were listed as Prasun Jodhani, Nirmal Kumar Jodhani, Sangita Jodhani, Anita Jodhani, Saket Jodhani, and Jodhani Papers Private Limited. The company has now revised this list based on NSE's feedback.
The updated list of UBOs for Balaji Malts Private Limited now specifies that Prasun Jodhani, Nirmal Kumar Jodhani, Sangita Jodhani, and Anita Jodhani (listed as Sr. No. 1-4) are also UBOs of Jodhani Papers Private Limited. Consequently, these individuals are not repeated in the UBO list for Jodhani Papers Private Limited. The UBOs for Jodhani Papers Private Limited are Surendra Kumar Jodhani, Saurabh Jodhani, Narendra Kumar Jodhani, Babita Jodhani, Hemanth Kumar Jodhani, Aditya Jodhani, Sumitra Jodhani, and Mohit Jodhani.
This clarification is an amendment to the Extra-Ordinary General Meeting (EGM) Notice dated June 25, 2026, and the Corrigendum dated July 20, 2026. The company emphasizes its commitment to timely disclosures and compliance with all applicable laws and regulations.
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Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.