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Legal7 Aug 2026, 07:00 pm

SEBI Issues Prohibitory Order Against Securekloud Promoters

AI Summary

Securekloud Technologies Ltd has disclosed receipt of a Prohibitory Order dated August 3, 2026, from the Recovery Officer of SEBI. This order is in connection with the default in payment of penalty dues by the company's promoters, Mr. Suresh Venkatachari and Mr. R S Ramani. The order prohibits the defaulters from disposing, transferring, alienating, or charging their movable and immovable properties. The company states that the impact on its financial, operational, or other activities is not applicable.

Key Highlights

  • SEBI issued a prohibitory order against company promoters.
  • Order relates to default in payment of penalty dues.
  • Promoters are prohibited from disposing of assets.
  • No direct financial or operational impact on the company.