Board approves amalgamation of two group companies into SecMark Consultancy
SECMARK · price
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SecMark Consultancy's Board on Aug 12, 2026 approved amalgamation of Codifi Finserv and SecMark Holdings into itself under Sections 230-232 of Companies Act, 2013. Share swap: 2,000 SecMark shares per 100 Codifi shares, and 75,435 SecMark shares per 100 SecMark Holdings shares. Codifi net worth Rs 649.46 lakh, revenue Rs 1,531.77 lakh. SecMark Consultancy net worth Rs 2,340.92 lakh, revenue Rs 3,753.72 lakh. Promoter holding drops from 75% to 69.33%, public from 25% to 30.67%. Subject to NCLT and other approvals.
Consolidates group structure and combines similar businesses; dilutes promoter stake from 75% to 69.33%. Needs NCLT and other approvals to take effect.