SecMark Consultancy Incorporates Wholly Owned Subsidiary SECMARK FINANCIAL AGGREGATION PRIVATE LIMITED

SecMark Consultancy Ltd has announced the incorporation of its wholly-owned subsidiary, SECMARK FINANCIAL AGGREGATION PRIVATE LIMITED, in India. This new entity will operate as an Account Aggregator, functioning as a Non-Banking Financial Company (NBFC) in accordance with RBI guidelines. The subsidiary aims to retrieve, consolidate, and present financial information based on customer consent, requiring necessary registration from the Reserve Bank of India. The incorporation involved an initial paid-up share capital of ₹1,00,000, with SecMark Consultancy Ltd holding 100% ownership.