SECUREKLOUD TECHNOLOGIES LIMITED — Others, 29-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

SecureKloud Technologies has filed a Miscellaneous Application with the Hon’ble Securities Appellant Tribunal (SAT) for a stay on a demand notice from SEBI. The SAT has temporarily stayed the notice, giving the company six weeks to deposit 50% of the related penalty. However, the prior order from December 2022 remains in effect, with a written order from the SAT pending. Additionally, promoters are allowed to sell shares equivalent to their penalty amounts to comply with SEBI regulations. This development is crucial as it directly impacts the company's financial obligations and regulatory standing.