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Magellanic Cloud Ltd
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
06:13 PM, 26th Mar 2025
1) Consider and took a note that scheme of Merger of Magellanic Cloud Limited (Transferee Company) with IVIS International Private Limited (Transferor Company) 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.2) Considered and approved 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 long with SEBI Regulations as applicable subject to approval of shareholders and other regulatory authorities as may be applicable.
