SECUREKLOUD TECHNOLOGIES LIMITED — Important, 27-12-2024: Agreements
27-12-2024 | 09:55 pm
27-12-2024 | 09:55 pm
The company has entered into a Memorandum of Understanding (MoU) with promoter Mr. R S Ramani, revising the payment schedule. Mr. Ramani holds 465,000 shares in the company, and the agreement includes special rights such as the ability to appoint directors and the first right to share subscription in case of new share issuance. This transaction is classified as a related party transaction and has been conducted at arm's length. The revision in payment terms may affect the company’s liquidity and financial flexibility moving forward. Investors should watch closely for potential implications on operational funding and future capital structure adjustments.
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