Magellanic Cloud Ltd - Board Meeting Outcome for Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Outcome Of Meeting Of Board Of Directors

Dear Sir, With reference to the captioned subject, we wish to inform you that the Board of the Directors of the Company at their meeting held today i.e., Thursday, 30th May, 2024 has inter-alia considered, decided, and approved the following decisions: : 1.The Directors Report of the Company along with the Corporate Governance Report and all relevant annexures thereof for the financial year 2023-2024;2.Recommended a final Dividend of Rs. 0.15 /- (i.e., 1.5%) per equity share of Rs.10/- each on the fully paid-up equity share capital of the Company and which is subject to approval of Shareholders in the ensuing Annual General Meeting of the Company.