SECUREKLOUD TECHNOLOGIES LIMITED — Board Meeting, 14-08-2025: Outcome of Board Meeting

SecureKloud Technologies has announced a board meeting on August 14, 2025. The board approved the consolidated financial results for the quarter ended June 30, 2025, reporting a significant net loss of Rs 140.13 Cr. This loss includes exceptional items of Rs 139.49 Cr primarily due to the US subsidiary's Chapter 7 bankruptcy, leading to impairment of investments and receivables. Auditors noted substantial doubt about the Group's ability to continue as a going concern. The board also re-appointed statutory auditors and appointed secretarial auditors (subject to shareholder nod), alongside appointing Mr. Venkatesh Rajaratnam as an Independent Director and accepting Mr. V.V. Sampath Kumar's resignation.