Outcome of Board Meeting held on March 10, 2026
Awaiting price reaction for this filing.
The board of SecUR Credentials met on March 10, 2026 and approved two key items. First, it appointed Praveen Tiwari & Associates as Secretarial Auditors to conduct the secretarial audit for financial years ended March 31, 2024 and March 31, 2025. Second, it approved the draft notice for the Annual General Meeting (AGM) scheduled for April 3, 2026, to be held via video conferencing, for adopting the financial statements for the year ended March 31, 2024. The new auditor, CS Praveen Tiwari, is a Fellow Member of ICSI with over 10 years of experience. The disclosure was signed by Ashish Ramesh Mahendrakar, Director & CFO.
These are largely routine governance items, but the fact that the AGM to adopt FY2024 financials is being held almost two years after year-end, and secretarial auditors for FY2024 and FY2025 are only now being appointed, suggests significant compliance delays. Investors should watch closely for any penalties, qualifications, or restatements that may surface when the delayed audits and AGM proceedings conclude.