securekloud technologies disclosed that the shareholding of promoter Mr. R S Ramani has reduced to 1.23% following the sale of equity shares by the Securities and Exchange Board of India (SEBI). The sale was conducted by SEBI's Southern Regional Office to recover an outstanding penalty amount connected to an order passed by the Hon'ble Securities Appellate Tribunal dated March 06, 2026. The reduction in stake follows the attachment proceedings initiated by the regulator.

The company stated that the information was based on the Weekly BENPOS received from the Registrar and Transfer Agents (RTA) as on June 15, 2026, and details provided by the promoter. Prior to this sale, the promoter held 1.39% of the company's equity shares. The transaction specifically targets the recovery of penalties and does not alter the management or control of SecureKloud Technologies.

Impact on Operations

While the sale of shares has altered the shareholding pattern, the company confirmed that there is no direct impact on its financial or operational activities. The change in promoter holding is relevant for investors assessing the ownership structure but does not trigger a change in control. The disclosure was made under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 and SEBI (PIT) Regulations, 2015.

Transaction Details

Suresh Venkatachari, Promoter of securekloud technologies , has declared that no encumbrance on shares was created by him or persons acting in concert during the financial year ended March 31, 2026. The disclosure confirms that the promoter's shareholding remains free from fresh charges or liens, other than those previously disclosed to the exchanges.

The declaration was submitted to BSE Limited and National Stock Exchange India Limited on April 07, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to annually disclose any encumbrance on their shareholdings to ensure transparency for investors.

Key Disclosure Details

The filing explicitly states that no direct or indirect encumbrance has been made on the shares held by the promoter during the specified period. A copy of the disclosure was also marked to the Audit Committee of SecureKloud Technologies Limited.