SECUREKLOUD TECHNOLOGIES LIMITED — Important, 26-11-2024: Agreements

The company has entered into a Memorandum of Understanding (MoU) with Mr. R S Ramani, a promoter and lender, to revise the payment schedule. Mr. Ramani holds 465,000 shares in the company, indicating a significant stake. The revision includes special rights such as the ability to appoint directors and the first right of refusal on share issuances. Notably, this transaction qualifies as a related party transaction, conducted at arm's length. The updates to the payment terms could enhance the company’s cash flow management. Investors should watch closely for any implications this may have on the company's operational dynamics or future financial performance.