Magellanic Cloud Ltd

This is to inform you that the Company has acquired:1. 70% shares of Scandron Private Limited a company incorporated under the laws ofIndia and having its registered office at Dallas Center 6th floor 83/1 plot No.A1Knowledge City Rai Durg Hyderabad 500032 via Share PurchaseAgreement(SPA) by way of cash consideration approximate of INR. 2000000(Indian National Rupees Twenty Lakhs Only); and The disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and Part A of Schedule III of the aforesaid regulations is attached as per Annexure A.The above is for information and dissemination to the public at large.