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SEBI issued prohibitory orders against Securekloud promoters Suresh Venkatachari and R.S. Ramani for unpaid penalties of Rs.3.87 crore and Rs.2.58 crore, respectively, plus interest and costs. Their movable and immovable assets are restricted from transfer or encumbrance, creating significant governance and reputational risk.
Securekloud Technologies Defaults On Rs 3.14 Crore Promoter Loan Interest
SEBI Restrains Securekloud Promoters Venkatachari And Ramani For Insider Trading