Annual Secretarial Compliance Report for FY 2025-26
Awaiting price reaction for this filing.
SecUR Credentials Ltd has received a Secretarial Compliance Report from Praveen Tiwari & Associates covering FY ended March 31, 2026. The report reveals extensive compliance failures across multiple SEBI regulations. The company failed to fill vacancies in key positions (Compliance Officer and CEO/MD/WTD), missed filing deadlines for investor complaints statements, related party transaction disclosures, shareholding patterns, quarterly corporate governance reports, and secretarial compliance reports. SEBI has issued two significant orders: an interim order dated June 13, 2024, and a confirmatory order dated September 9, 2024, both restraining the company and Director Rahul Belwalkar from dealing in securities market. NSE has issued a show cause notice for delisting of equity shares due to non-payment of annual listing fees and suspended trading. The company also failed to maintain a functional website and did not properly intimate changes to its registered office to exchanges.
This is a highly negative development. The company faces active regulatory action from both SEBI and NSE, with trading suspended and delisting proceedings initiated. Persistent non-compliance with listing obligations and SEBI regulations poses serious risks for shareholders and may lead to eventual delisting from exchanges.