SecUR Credentials Limited has informed the Exchange regarding Change in Auditors of the company.
Awaiting price reaction for this filing.
SecUR Credentials Limited held its 23rd Annual General Meeting on April 3, 2026, where shareholders approved two key changes. First, Mr. Bhimsen Vishwanath Pawar was appointed as Whole-Time Director for a 5-year term, bringing governance experience to the board. Second, and more significant, the company appointed M/s. JPMD & Associates as the new statutory auditors to fill a casual vacancy. This vacancy was caused by the resignation of the previous auditor, M/s. S.D. Mehta & Co., indicating a mid-term change in the audit firm. The new auditors will serve from Financial Year 2024-25 through FY 2028-29.
The resignation of the previous statutory auditor mid-term is a minor concern as it may indicate issues or disagreements, though the appointment of a new experienced audit firm provides continuity. The addition of a new Whole-Time Director strengthens the board's executive capacity.