Promoter Shareholding Reduced as Shares are Sold to Recover Penalty Amount in Securekloud Technologies Ltd
The promoter's equity shareholding in Securekloud Technologies Ltd has been reduced following the sale of shares to the Securities and Exchange Board of India (SEBI), Southern Regional Office. The transaction was executed as part of proceedings initiated by SEBI towards the recovery of an outstanding penalty amount.The reduction impacts Mr. R S Ramani, identified as one of the promoters of Securekloud Technologies Ltd. The shares were sold subsequent to attachment proceedings related to a penalty order issued by the Hon'ble Securities Appellate Tribunal dated March 06, 2026.
While the transaction does not alter the financial or operational activities of the listed entity and there is no change in management or control, the shareholding pattern has been updated accordingly.
Key details regarding the transaction are provided below:
| Promoter Name | Authority Involved | Action Taken | Pre-Sale Holding | Post-Sale Holding |
|---|---|---|---|---|
| Mr. R S Ramani | Securities and Exchange Board of India, Southern Regional Office | Equity shares sold for penalty recovery | 1.39% | 1.23% |
The sale was executed based on information received from the promoter and the Weekly BENPOS received from the Registrar and Transfer Agent (RTA).
The company has noted that although the reduction in shareholding is a consequence of the recovery action, there is no direct impact on the operational activities or financial standing of Securekloud Technologies Ltd.
SECURKLOUD Stock Price Movement
Today, shares of SECUREKLOUD TECHNOLOGIES LIMITED surged in the post-market session, closing at ₹19.65 after gaining 3.37%. The stock was active during trading, with a volume recorded of 3,487 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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