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Incorporated in 2011, SecMark Consultancy Ltd offers services Consulting, Technology and Outsourcing services to financial market participants
SecMark's Board approved an investment of up to 15 Cr into a subsidiary/JV for a new Account Aggregator (NBFC-AA) business. This strategic move aims to expand its digital financial services, pending necessary approvals.
SecMark's Board approved investing up to Rs. 10 Cr in a subsidiary/JV to pursue a Trustee License in GIFT City (IFSC). This strategic move aims to expand business operations and undertake trustee activities in the IFSC ecosystem.
SecMark acquired trading web/mobile platforms from Codifi for 8 Cr and its trademark for 0.01 Cr. It also engaged consultants for 20 Cr (3-year term) to develop and maintain the software. This strategic tech upgrade aims to enhance offerings and drive future business growth.
SecMark Consultancy reported strong FY25 results: revenue grew 42.2% to 35.96 Cr from 25.28 Cr, turning a 2.36 Cr loss into a 4.25 Cr profit. Growth driven by new clients and market support. No dividend declared to fund future expansion as the company eyes becoming a one-stop shop.
The company has appointed M/s. Tripathi & Associates, Chartered Accountants, as its Internal Auditor for the financial year 2025-26. This decision was made during a recent board meeting and aims to enhance the company's assurance and advisory services through the expertise of a well-regarded firm. Given the importance of internal...