SECUREKLOUD TECHNOLOGIES LIMITED — Capital/Financing Update 2021

Aug 30, 2021

Ref: SK/CHN/2021-22/E024

August 30, 2021

National Stock Exchange of India Ltd. Capital, BSE Ltd, Market – Listing, Exchange Plaza, 5th Floor, 25th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Bandra‐Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai 400 051. Mumbai 400 001. EQ- SECURKLOUD– ISIN NO- INE650K01021 Scrip Code: 512161 - ISIN NO-INE650K01021

Dear Sir/Madam,

Sub: Intimation of the outcome of the Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").

In terms of Regulation 30 read with Schedule III of the Listing Regulations, we hereby inform you that at the meeting of the Board of Directors ("Board") of SecureKloud Technologies Limited (Formerly 8K Miles Software Services Limited) ("the Company") held today, i.e., Monday, August 30, 2021, the Board approved, inter alia, the following:

Approval for raising capital by overseas subsidiaries

a. Blockedge Technologies Inc., USA:

The Board accorded its consent for the proposal to raise capital up to USD 100 Million instead of USD 20 Million which was approved on August 06, 2021 in single or multiple tranches by its overseas wholly owned subsidiary Blockedge Technologies Inc., USA (formerly 8K Health Cloud Inc., USA) for growth and expansion by way of PE Investments / Initial Public Offering (IPO) in the US Capital markets / SPAC / ICO and / or Other Strategic Investors subject to the approval of shareholders in the ensuing Annual General Meeting scheduled on September 30, 2021. Consequent to this fund raise, the Company may cease to have control over Blockedge Technologies Inc., USA (formerly 8K Health Cloud Inc, USA).

b. Healthcare Triangle Inc., USA:

The Board accorded its consent to raise an additional capital by Healthcare Triangle Inc., USA, an overseas step-down subsidiary of the Company up to USD 100 Million by way of PE Investments / primary issue of shares in the US Capital markets and / or Other Strategic Investors subject to the approval of shareholders in the ensuing Annual General Meeting scheduled on September 30, 2021.

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c. SecureKloud Technologies, Inc., USA:

The Board accorded its consent to raise capital by SecureKloud Technologies Inc., USA, an overseas subsidiary of the Company (formerly 8K Miles Software Services Inc., USA) up to USD 100 Million for growth and expansion by way of PE Investments / Initial Public Offering (IPO) in the US Capital markets / SPAC / Secondary sale of shares and / or Other Strategic Investors subject to the approval of shareholders in the ensuing Annual General Meeting scheduled on September 30, 2021. Consequent to this fund raise, the Company may cease to have control over Securekloud Technologies Inc., USA (formerly 8K Miles Software Services Inc., USA).

The Board meeting commenced at 9.00 A.M and concluded at 10.00 A.M.

We request you to kindly take the above information on record.

Yours Truly, For SecureKloud Technologies Limited

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G Sri Vignesh Company Secretary and Compliance Officer Membership No: A57475

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