SecureKloud Technologies Limited has announced the resignation of Mrs. Panchi Samuthirakani as Independent Director, effective December 31, 2025. The resignation was communicated through a formal disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mrs. Panchi Samuthirakani (DIN: 09205373) submitted her resignation letter on December 31, 2025, citing personal reasons and preoccupations as the primary factors for her decision. The resignation became effective at the closure of business hours on December 31, 2025.

Committee Memberships Affected

Following her resignation as Independent Director, Mrs. Samuthirakani has also ceased to be a member of several key board committees. Her departure affects the composition of multiple governance bodies within the company.

The committees from which she has stepped down include:

• Audit Committee
• Nomination & Remuneration Committee
• Stakeholder Relationship Committee

Other Directorships

Mrs. Samuthirakani continues to hold directorship positions in other listed entities. She serves as a director at Network People Services Technologies Limited, where she maintains several committee positions.

Regulatory Compliance

The company has fulfilled its disclosure obligations in accordance with SEBI regulations. The announcement complies with Schedule III – Para A(7B) of Part A of the Listing Regulations and relevant SEBI Master Circulars dated November 11, 2024, and December 31, 2024. Mrs. Samuthirakani has confirmed that there are no material reasons for her resignation beyond those stated in her resignation letter. The disclosure has been uploaded to the company's website at www.securekloud.com for public access.

SecureKloud Technologies Limited has reported significant losses for the quarter ended September 30, 2025, raising concerns about the company's financial stability and future prospects.

Financial Performance

The company's consolidated financial results for Q2 FY2026 paint a grim picture:

The consolidated net loss for the quarter widened to ₹1,532.25 lakhs, compared to ₹1,072.50 lakhs in the same quarter of the previous year. This represents a significant deterioration in the company's financial performance.

Going Concern Issues

The auditors have highlighted substantial doubt about the Group's ability to continue as a going concern. Key points include:

• Cash losses of ₹2,850 lakhs for the half-year ended September 30, 2025
• Operating losses of ₹2,460 lakhs during the same period
• Further erosion of ₹3,050 lakhs in total equity

These factors raise serious questions about SecureKloud's ability to sustain its operations without significant changes or additional funding.

Corporate Actions and Restructuring

The company has undertaken several corporate actions in an attempt to address its financial challenges:

1. On June 14, 2025, SecureKloud's overseas subsidiary, SecureKloud Technologies, Inc., USA, filed for bankruptcy protection under Chapter 7.

2. Healthcare Triangle, Inc., another subsidiary, entered into securities purchase agreements with institutional investors, raising gross proceeds of $15.2 million through a private placement.

3. The company implemented a reverse stock split for Healthcare Triangle, Inc., which resulted in Mr. Suresh Venkatachari's voting interest increasing from 1.40% to 77.40%.

4. Quantum Nexis, Inc., a subsidiary of Healthcare Triangle, Inc., announced acquisitions of Niyama Healthcare, Inc. and Ezovion Solutions for an aggregate consideration of up to $5.7 million.

Outlook

While these corporate actions demonstrate attempts to restructure and raise capital, the company's financial position remains precarious. The substantial losses and going concern issues indicate that SecureKloud Technologies faces significant challenges in the near term.

Investors and stakeholders should closely monitor the company's ability to reverse its losses and strengthen its financial position in the coming quarters. The success of its restructuring efforts and the performance of its subsidiaries will be crucial in determining SecureKloud's future trajectory.