The board of Magellanic Cloud Limited at its board of directors meeting held on September 2, 2023 Recommended a final Dividend of INR 0.15 per equity share of INR 10 each on the fully paid-up equity share capital of the Company and which is subject to approval of Shareholders in the upcoming Annual General Meeting of the Company. The Dividend will be paid within 30 days from the date of Shareholders approval in the upcoming Annual General Meeting of the Company.