MoU5 Jun 2024, 12:17 am
Securekloud Technologies Ltd Signs MOU for Promoter's Loan Repayment
AI Summary
Securekloud Technologies Ltd has signed a Memorandum of Understanding (MOU) with respect to the repayment of a promoter's loan. This move comes in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The MOU outlines a revised payment schedule, which has been mutually agreed upon by both parties. There is no default as of now, and this action has no financial impact on the listed entity.
Key Highlights
- Securekloud Technologies Ltd signs MOU for repayment of promoter's loan
- Move in accordance with SEBI regulations and circulars
- MOU includes a revised payment schedule
- No default or financial impact on the company as of now
- Action taken by the company to repay the promoter's loan