SEBI prohibitory order against promoters over unpaid penalty dues

Sebi PenaltyRegulatory & Legal View source PDF Explain this filing

SECURKLOUD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹19.54

prior close

₹19.66

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.7% vs market

IT Enabled Services peers, median of 72sector-0.1%+0.8% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.8 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-1.2

15m

-0.8

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-0.1+0.7-0.1+0.8

Next day

-0.7-0.2-0.5-0.5-0.3

-4.3+0.1-4.4-0.7-3.6

-4.6+0.3-4.9-0.9-3.7

-5.8+0.4-6.2-2.2-3.6

-7.0+0.5-7.5-2.2-4.7

-7.9+0.3-8.2-3.3-4.6

15d

-8.6+1.9-10.5-1.2-7.4

-14.1+2.2-16.3-3.6-10.5

-24.2-1.2-23.0-6.7-17.5

—————

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SEBI Recovery Officer issued a prohibitory order on Aug 3, 2026 against two promoters of the company - Suresh Venkatachari (Rs 3.87 crore due) and R S Ramani (Rs 2.58 crore due) - for unpaid penalty dues. Earlier attachment orders had already covered their bank accounts, demat accounts and mutual fund units. Now their movable and immovable properties are also barred from sale, transfer or charge. The company has stated there is no financial or operational impact on itself.

Likely market impact

Promoters face asset freeze over unpaid SEBI penalties; company says no direct impact on its operations or finances.