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Magellanic Cloud to hold EGM on Feb 3 for merger approval; Jan 27 cut-off date
Magellanic Cloud Limited
January 9, 2026, 12:32 PM
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Magellanic Cloud Limited announced the outcome of its Board Meeting held on January 09, 2026. The board approved the draft notice for an Extra-ordinary General Meeting (EGM) to present a proposed Scheme of Merger of Magellanic Cloud Limited with IVIS International Private Limited under the fast-track merger route as per Section 233 of the Companies Act, 2013.
The EGM is scheduled to be convened on Tuesday, February 03, 2026, at 12:00 P.M. (IST) via Video Conferencing/Other Audio Visual Means (OAVM). Mr. Deep Shukla, Practicing Company Secretary, has been appointed as the Scrutinizer for the remote e-voting and e-voting during the EGM process.
The cut-off date for determining eligibility for electronic voting for the EGM has been set as Tuesday, January 27, 2026. The board meeting commenced at 04:30 P.M. (IST) and concluded at 05:10 P.M. (IST).
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