Board Meeting30 May 2026, 08:52 pm
Securekloud Board Approves FY26 Results, Subsidiary Write-off
AI Summary
Securekloud Technologies Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. They also approved the write-off of investments in its bankrupt US subsidiary, SecureKloud Technologies Inc., amounting to ₹10,112.19 lakhs. K V Sudhakar, Chartered Accountants, was appointed as the Internal Auditors for the first half of FY26-27.
Key Highlights
- Audited FY26 financial results (standalone and consolidated) approved.
- ₹10,112.19 lakhs investment in SecureKloud Technologies Inc. written off.
- K V Sudhakar appointed as Internal Auditors for H1 FY26-27.
- Subsidiary contributed 36.84% to consolidated turnover in FY25.
- Subsidiary contributed 77.39% to consolidated net worth in FY25.
Price Impact
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