SecureKloud Technologies discloses default of Rs 8.11 crore on Indian Bank cash credit
SecureKloud Technologies told the National Stock Exchange it defaulted on Rs 8.11 crore of principal on a Rs 15 crore cash credit facility from Indian Bank, with the default dated 15 October 2026.
Key points
- SecureKloud Technologies said in a filing with the National Stock Exchange that it defaulted on its open cash credit account with Indian Bank.
- The company said the default amount is Rs 8.11 crore of principal on a secured Rs 15 crore facility, with the default dated 15 October 2026.
- The company put its total borrowings from banks and financial institutions at Rs 18.35 crore and its total financial indebtedness at Rs 52.87 crore.
Photo: Crew crew / Wikimedia Commons, CC0 1.0 (cropped). Representational image.
SecureKloud Technologies Limited said in a filing with the National Stock Exchange on 14 November 2026 that it has defaulted in regularising its cash credit account with Indian Bank. The company said the principal in default is Rs 8.11 crore and the date of default was 15 October 2026. The filing does not give a reason for the default.
What Happened
The company made the disclosure under Regulation 30 of the SEBI listing regulations, which require listed companies to tell the exchange about defaults on loans from banks and financial institutions. Its filing, with the subject line of an intimation of default in regularising the cash credit account with Indian Bank, speaks of a default "by remitting the required funds within the stipulated time".
The filing gives these details of the obligation:
- Nature of obligation: an open cash credit (OCC) facility, which is a bank account from which a company can draw money up to a set limit.
- Lender: Indian Bank.
- Date of default: 15 October 2026.
- Current default amount: principal of Rs 8.11 crore. The filing gives no figure for interest in default.
- Total principal of the facility: Rs 15 crore. The company said the facility is secured and carries interest at 12.95%, and that a tenure does not apply to a cash credit account.
The company also reported its overall borrowing position in the same filing. It said its total outstanding borrowings from banks and financial institutions are Rs 18.35 crore, and its total financial indebtedness, including short-term and long-term debt, is Rs 52.87 crore.
The filing does not give a reason for the default. It does not say whether the company has reached any arrangement with the bank, and it does not say whether the bank has taken any action. The filing is signed by the company's company secretary and compliance officer.
What It Means
This is a disclosure by the company about its own loan account, and it is reported here as the company made it. It is not a finding by any regulator or court, and the filing does not say that the lender has taken any step against the company.
The figures show that the principal in default, Rs 8.11 crore, is a little more than half of the facility's Rs 15 crore total principal. Readers who want the full details can read the company's filing on the National Stock Exchange website. Complaints against listed companies can be made at https://scores.sebi.gov.in.
Oquilia Data: SECUREKLOUD TECHNOLOGIES Ltd. (NSE: SECURKLOUD)
| Close, 13 Nov 2026 | Rs 14.86 (−0.67% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −1.91% / −19.81% / −36.50% / −42.85% / −23.40% |
| Against Nifty 50, 1M / 3M / YTD | −12.58 / −22.87 / −39.08 points |
| 52-week closing high / low | Rs 31.08 (21 Nov 2025) / Rs 14.36 (5 Nov 2026) |
| Turnover, 20-session average | Rs 0.03 cr; 69.7% delivered; latest volume 0.3x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India