Default in repayment of interest on promoter's loan; interest of INR 3,14,26,183 involved

SecureKloud Technologies has intimated a default in repaying interest on a loan taken from its promoter.

Thu 1 Oct 2026

Amount involved (interest)

INR 3,14,26,183

Time of occurrence

October 1, 2026

Promoter named

Mr. R S Ramani

Estimated impact stated

a possible legal action by the lender/promoter

What was intimated

• SecureKloud Technologies Limited has disclosed a default in the repayment of interest on a loan availed from its promoter.
• The nature of the default, as stated, is that the Company has defaulted in the repayment of interest on the loan availed from the Promoter.
• The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015 read with Part A of Schedule III.

The numbers

• The estimated amount involved is interest of INR 3,14,26,183.
• The time of occurrence is stated as October 1, 2026.

Who is involved

• The promoter named in the update is Mr. R S Ramani.

What the company says the impact could be

• The estimated impact on the listed entity is stated as a possible legal action by the lender/promoter.
• On whether the default has been reported to appropriate authorities, the update states "Not applicable".

How to read this as an investor

• This is a default in paying interest that was due on a loan taken from the promoter, not a fresh borrowing or a repayment of principal.
• The amount stated is the interest figure of INR 3,14,26,183; the update does not give a breakup of the underlying loan.
• The only consequence flagged by the company itself is the possibility of legal action by the lender, who in this case is the promoter.
• A default disclosure of this kind tells you that a payment obligation towards a related party has not been met as per its terms.

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