SECUREKLOUD TECHNOLOGIES LIMITED — Regulatory Filings 2021

Jul 26, 2021

July 19, 2021

National Stock Exchange of India Ltd. Capital, Market – Listing, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra‐Kurla Complex, Bandra (E), Mumbai 400 051. EQ- SECURKLOUD– ISIN NO- INE650K01021

Dear Sir/Madam,

Sub: Clarification for Financial results - SECURKLOUD -- Reminder - 1

Further to your e-mail dated July 15, 2021, we have attached the Corrigendum to the Financial Results Notes. We have included the notes in line with Regulation 33 (3)(e) of the SEBI Listing Regulations.

Please refer Note No. 7 in Standalone notes and Note No. 6 in Consolidated notes.

Kindly take the above information into your record

Yours Truly,

For SecureKloud Technologies Limited

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G Sri Vignesh Company Secretary & Compliance Officer Membership No.: A57475

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Corrigendum to Standalone Financial Results Notes - Annexure A

1. The above financial results of the Company were reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on June 30, 2021. The Financial Results are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder. The Statutory auditors have expressed an unmodified audit opinion on these results.

2. The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made under Ind AS 108 - Operating Segments.

3. It is challenging to predict the full economic impact of COVID 19, which had affected the global business during the quarter. However, the Company, based on the information available, had made assessment of the situation, which led to form a view that COVID 19 does not materially affect the financial position at the end of financial year. The eventual outcome of impact of the global health pandemic may be different from those estimated as on the date of approval of these financial statements and the Company will keep monitoring the uncertainties caused by the pandemic to assess its impact our future economic conditions.

4. The Company allotted 45,00,000 (Forty-five Lakhs) convertible warrants of Rs 100/- each to Mr Suresh Venkatachari, Promoter and CEO of the Company on March 17, 2021 on receipt of an upfront payment Rs. 11,25,00,000/- (Rupees Eleven Crores Twenty-Five Lakhs Only) equal to 25% of the total consideration as per the terms of preferential issue in compliance with Chapter V of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018 and Section 42 & 62 of the Companies Act, 2013 and rules made thereunder as amended from time to time. The Company has considered equivalent shares of 45,00,000 (Forty-five Lakhs) for the purpose of diluted EPS as per IND AS 33.

5. Statement of standalone financial results includes foreign exchange gain / (loss) as given below:

Particulars	Quarter Ended 31 Mar 2021	Quarter Ended 31 Dec 2020	Quarter Ended 31 Mar 2020	Year Ended 31 Mar 2021	Year Ended 31 Mar 2020
Foreign exchange gain / (loss) included under: (a) Other Income	(4.13)	(37.42)	159.17	(117.76)	300.35

1. Figures in the previous period financial results have been reclassified to conform to the presentation of the current quarter financial results. These reclassifications have no effect on the previously reported net loss/profit.

7. The figures for the quarters ended March 31, 2021 and March 31, 2020 are the balancing figures between the audited figures for the years ended March 31, 2021 and March 31, 2020 and the unaudited year-to-date figures for the nine months ended December 31, 2020 and December 31, 2019, respectively, which were subject to limited review by the statutory auditors.

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Corrigendum to Consolidated Financial Results Notes - Annexure B

1. The above financial results of the company were reviewed by the audit committee and approved by the Board in its meeting held on June 30, 2021. The Statutory auditors have expressed an unmodified audit opinion on these results. The Consolidated financial results have been prepared in accordance with applicable Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and Amended Rules, 2016.

2. The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made under Ind AS 108 - Operating Segments.

3. It is challenging to predict the full economic impact of COVID 19, which had affected the global business during the quarter. However, the Company, based on the information available, had made assessment of the situation, which led to form a view that COVID 19 does not materially affect the financial position at the end of financial year. The eventual outcome of impact of the global health pandemic may be different from those estimated as on the date of approval of these financial statements and the Company will keep monitoring the uncertainties caused by the pandemic to assess its impact our future economic conditions.

4. Figures in the previous period financial statements have been reclassified to conform to the presentation of the current quarter financial statements. These reclassifications have no effect on the previously reported net loss/profit.

5. The Company allotted 45,00,000 (Forty-five Lakhs) convertible warrants of Rs 100/- each to Mr Suresh Venkatachari, Promoter and CEO of the Company on March 17, 2021 on receipt of an upfront payment Rs. 11,25,00,000/- (Rupees Eleven Crores Twenty-Five Lakhs Only) equal to 25% of the total consideration as per the terms of preferential issue in compliance with Chapter V of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018 and Section 42 & 62 of the Companies Act, 2013 and rules made thereunder as amended from time to time. The Company has considered equivalent shares of 45,00,000 (Forty-five Lakhs) for the purpose of diluted EPS as per IND AS 33.

6. The figures for the quarters ended March 31, 2021 and March 31, 2020 are the balancing figures between the audited figures for the years ended March 31, 2021 and March 31, 2020 and the unaudited year-to-date figures for the nine months ended December 31, 2020 and December 31, 2019, respectively, which were subject to limited review by the statutory auditors.

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