SECUREKLOUD TECHNOLOGIES LIMITED has informed the Exchange regarding 'penalty payment'.
SECURKLOUD · price
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SecureKloud Technologies has paid Rs. 2 crore as penalty, and its Promoter/Director Mr. Suresh Venkatachari has separately paid Rs. 1.5 crore, totaling Rs. 3.5 crore. The payments were made on March 27, 2026 in compliance with the order passed by the Securities Appellate Tribunal (SAT) on March 6, 2026. This follows an earlier intimation dated March 9, 2026 regarding the same matter. The company disclosed the payment to the stock exchanges under SEBI (LODR) Regulations, 2015.
The penalty amount is material for a small-cap company and signals regulatory trouble that has now reached a concluded stage with payment completed. While the overhang of the penalty is being cleared, the fact that both the company and its promoter were penalized may affect investor confidence and governance perception in the near term.