Outcome of Board Meeting

Date: 05th August, 2026 Department of Listing Operation, Listing Department BSE Limited National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai 400001 Mumbai-400051 SCRIP CODE:- 543625 Symbol: SECURCRED Subject: Outcome of Meeting of Board of Directors held today i.e. 05th August, 2026 pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the para-A part- A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 read with the para-A part A of Schedule I11, it is hereby informed that the Board of Directors at their meeting held today i.e. 05 August, 2026, at the Registered Office of the Company situated Mastermind 4, Royal Palms Estate, Office No 428, Aarey Milk Colony, Goregaon, Aarey milk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065 has inter- alia considered and approve the following: Vandi 1. The Audited Financial Results for the Fourth Quarter and financial year ended on 31st March 2025, as recommended by Audit Committee together with the Report on Auditors on the said results. 2. The Board considered and approved the Notice of the 24th Annual General Meeting of the company to be held through Video Conferencing/Other Audio Visual Means (“VC/OAVM”). The Notice and other relevant documents shall be dispatched to shareholders in due course; 3. The Board considered and approved the Director’s Report for the Financial Year 2024-25 made in terms of sub-section (3) of section 134 of the Companies Act, 2013 and SEBI LODR Regulations, 2015. 4. The Board considered and approved the appointment of Ms. Prachi Bansal (CoP: 23670), Practicing Company Secretary as Scrutinizer for Conducting Remote e-voting /E-Voting Process during AGM; 5. The Board considered and approved the shifting of registered office of the company within the same state from “Mastermind 4, Royal Palms Estate, Office No 428, Aarey Milk Colony, Goregaon, Aarey milk Colony, Mumbai, Goregaon East, Maharashtra, India, 400065” to “Raikar chambers officer no. 605, 6th Floor Govandi East, Suburban, Deonar Kurla Mumbai 400088” with effect from 05-08-2026. Thanking You Yours Faithfully, For Secur Credentials Limited Yogesh Kumar Director DIN: 10266903 JPMD & ASSOCIATES INDIA CHARTERED ACCOUNTANTS Independent Auditor's Report on the Quarterly an d Year to Date Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of Secur Credentials Limited Report on the Audit of the Standalone Financial Results Qualified Opinion We have audited the accompanying standalone financial results of Secur Credentials Limited (the “Company”) for the quarter and year ended 31st March, 2025 and the standalone statement of assets and liabilities and the standalone statement of cash flows as at and for the quarter and year ended on that date, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Based on the information and explanations provided to us, except for the possible effects of the matter described in the “Basis for Qualified Opinion” section of our report, we are of the opinion that the Statement: * Is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and * give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the quarter and year ended 31st March, 2025 and the standalone statement of assets and liabilities and the statement of cash flows as at and for the quarter and year ended on that date. Basis for Qualified Opinion 1. We draw attention to the financial statements, which discloses a debit balance of Rs. 116.12 Lakhs in the director’s ledger account, representing an amount receivable from the director. The management has indicated that this balance pertains to payments made to the director for expenses incurred on behalf of the company. Howeyerst absence of supporting documentation B-32, 2nd Floor, Tejendra Complex, © jpmd.ho@gmail.com @+91 88660 07200 Opp. C.M.C., Odhav, Ahmedabad-382415 © www.jpmd.in ~ JPMD & ASSOCIATES INDIA CHARTERED ACCOUNTANTS in accordance with Ind AS 37, recognition of such amounts requires sufficient and appropriate evidence. The absence of Such evidence gives rise to uncertainty regarding the existence and recoverability of the balance. Furthermore, as this constitutes a related party transaction under Section 188 of the Companies Act, 2013, the requisite disclosures under Section 134(3)(n) and Ind AS 24 are applicable. Our audit procedures to verify the existence and recoverability of this balance were limited due to lack of documentary evidence. 2. For the balance outstanding to the credit of the Statement of Profit and loss under the head “Unbilled Revenue”, no Invoices have been raised by the company, till the date of issuance of this report and as such, the balance remains the same till date. In absence of relevant details, the balance amount of the said item could not be verified and thereby the compliance with Ind AS 115 — “Revenue from contract with customer” could not be verified. 3. During the quarter and the year under review, the company has not collected interest on the loans advanced and advances outstanding as at 31st March, 2025. 4. The reconciliation and verification of the statutory dues, outstanding and paid, could not be made as the relevant details have not been provided to us. 5. The company had made an advance payment of Rs. 559.70 lakhs standing as opening balance since past many years as an advance for the purpose of acquiring an immovable property. However, till date, no acquisition has been made against such advance. 6. Expected Credit Loss Provision has not been provided on the advances given by the company, and thereby, there is an inconsistency of Accounting Policies in the financial statements as well as non-compliance of Ind AS 109. 7. Documentation regarding major expenditure have not been made available for the purpose of verification. Also, the third party confirmations for— trade payables, trade receivables, parties to whom advances have been made, parties from whom unsecured loans have been taken — have not been provided by the company and thereby the said balances are not confirmed to that extent. 8. The bifurcation of MSME and Non-MSME debtors and creditors has not been made by the company and to that extent the requirements of Schedule III to the Companies Act, 2013 have not been complied with. Q B-32, 2nd Floor, Tej endra Com plex, © jpmd.ho@gmail.com ©+91 88660 07200 Opp. C.M.C., Odhav, Ahmedabad-382415 © www.jpmd.in C& JPMD & ASSOCIATES CHARTERED ACCOUNTANTS 9. The company has received an Interim order from SEBI regarding certain transactions being alleged as fictitious transactions, in which Varanium Cloud Ltd., and its director Harshvardhan Samble are also involved. However, the said order has been challenged by the earstwhile director Shri Rahul Belwalkar in the Hon'le Bombay High court. As regards to the transactions carried out with Varanium Cloud Ltd., there are credit notes issued to the said entity and thereby the sales made in the earlier financial year has been reversed to the tune of Rs. [AMOUNT] lakhs. The reason behind cancellation, as informed by the management is cancellation of an ongoing project. However, except the repre [Showing first 8,000 characters — download PDF for full document]