Magellanic Cloud Ltd.

South India Projects has informed that a meeting of Board of Directors of the Company will be scheduled on August 13, 2016, to consider, approve and take on record the Unaudited financial results for the Quarter ended June 30, 2016 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, to consider acquisition of the control of JNIT Technologies Inc, USA, and to consider change in the appointment of Statutory Auditor.

The above information is a part of company’s filings submitted to BSE.