Secmark Consultancy Limited has informed the Exchange about Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
SECMARK · price
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SecMark Consultancy's Board, in a meeting on May 13, 2026, approved a proposal to invest up to Rs. 15 crore (Rupees Fifteen Crores) in its subsidiary, joint venture or other entity to undertake the business of an Account Aggregator (NBFC-AA). The company will seek the necessary approvals and registration from the Reserve Bank of India (RBI) and other applicable regulatory authorities before proceeding. The move is aimed at expanding the company's presence in the digital financial services ecosystem. No existing licenses have been withdrawn, cancelled, or suspended. The investment is contingent on receiving regulatory clearances.
This is a strategic expansion announcement. Since no license has actually been granted yet and the proposal is subject to RBI approval, there is no immediate material impact on the company's current operations or financials. Shareholders should monitor for further updates on RBI approval status.