Pls find enclosed disclosure of notice of attachment proceeding
SECURKLOUD · price
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Securekloud Technologies Ltd has disclosed that its promoters — Suresh Venkatachari and R S Ramani — have received an attachment proceeding from SEBI's Southern Regional Office for the sale of their securities. This attachment is being enforced as penalty payment following an order by the Securities Appellate Tribunal (SAT) dated March 6, 2026. The company received the notice on May 22, 2026. The penalty relates to violations or contraventions connected to the original SAT order. The company states the impact on financial or operational activities is not quantifiable at this stage.
This is a serious regulatory enforcement action against the company's promoters. Shareholders may face uncertainty as the promoters' shareholding could be liquidated under the attachment order to settle the penalty, potentially affecting stock liquidity and investor confidence.