
Shareholding16 Jun 2026, 02:52 pm
Promoter Shares Sold by SEBI for Penalty Recovery
AI Summary
Securekloud Technologies Ltd announced that a portion of promoter Mr. R S Ramani's shares have been sold by the Securities and Exchange Board of India (SEBI) to recover an outstanding penalty. This action, initiated by SEBI's Southern Regional Office, follows an order by the Securities Appellate Tribunal dated March 06, 2026. The sale has reduced the promoter's shareholding from 1.39% to 1.23%. The company stated that this transaction has no direct impact on its financial or operational activities but may affect the shareholding pattern. Management and control of the company remain unchanged.
Key Highlights
- Promoter shares sold by SEBI to recover penalty.
- Shareholding reduced from 1.39% to 1.23%.
- No direct financial or operational impact on company.
- Management and control remain unchanged.
Price Impact
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