Promoters' Shares Sold for Penalty Recovery

Securekloud Technologies Ltd has disclosed the sale of equity shares held by its promoters, Mr. Suresh Venkatachari and Mr. R S Ramani, pursuant to recovery proceedings initiated by the Securities and Exchange Board of India (SEBI). The sale was conducted to recover an outstanding penalty amount, as per an order from the Hon'ble Securities Appellate Tribunal dated March 06, 2026. This action has resulted in a reduction of promoter shareholding from 42.13% to 42.08% for Mr. Suresh Venkatachari and from 1.23% to 1.19% for Mr. R S Ramani. The company states that this transaction has no direct impact on its financial or operational activities, nor does it affect the management or control of the company, but it is relevant for investors assessing promoter holding.