SecMark Consultancy Approves Amalgamation Scheme

SecMark Consultancy Limited's Board of Directors has approved a Scheme of Amalgamation involving Codifi Finserv Private Limited and SecMark Holdings Private Limited as transferor companies, with SecMark Consultancy Limited as the transferee company. The amalgamation is subject to requisite regulatory and stakeholder approvals. The filing provides details on the entities involved, including their CIN, incorporation dates, registered offices, and financial metrics as of March 31, 2026. Transferor Company 1 has net worth of ₹649.46 lakhs and revenue of ₹1,531.77 lakhs. Transferor Company 2 has net worth of ₹24.74 lakhs and revenue of ₹0.13 lakhs. The Transferee Company has net worth of ₹2,340.92 lakhs and revenue of ₹3,753.72 lakhs. The transaction with Transferor Company 2, a holding company, is considered a related party transaction but is on an arm's length basis, determined by a registered valuer's report and SEBI pricing guidelines.