SecureKloud Technologies Ltd and promoter-director Suresh Venkatachari have jointly remitted penalties totaling Rs. 3.5 crore as directed by the Securities Appellate Tribunal (SAT). The payments mark compliance with SAT’s March 6, 2026 order, reinforcing regulatory accountability in India’s capital markets.
SecureKloud Technologies Limited has informed the National Stock Exchange and BSE that both the company and its promoter have fulfilled penalty obligations imposed by SAT. This disclosure aligns with SEBI’s Listing Obligations and Disclosure Requirements (LODR) regulations.
Company Compliance Update
SecureKloud confirmed that Rs. 2 crore was remitted by the company and Rs. 1.5 crore by promoter-director Suresh Venkatachari. The penalties stem from SAT’s order dated March 6, 2026, and were settled on March 27, 2026.
Regulatory Context
The disclosure under Regulation 30 of SEBI (LODR) highlights the company’s adherence to transparency norms. Such compliance ensures investor confidence and demonstrates the seriousness with which listed entities must respond to regulatory directions.
Key Highlights
-
SecureKloud remitted Rs. 2 crore penalty
-
Promoter Suresh Venkatachari paid Rs. 1.5 crore
-
Payments made on March 27, 2026
-
Order issued by SAT on March 6, 2026
-
Disclosure filed under SEBI LODR Regulation 30
Sources: SecureKloud Technologies Ltd exchange filing