This disclosure is a regulatory filing submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as a continuation of the company's earlier intimation dated October 27, 2026.

The Board of Directors of SecMark Consultancy Limited, on November 05, 2026, approved the incorporation of a wholly owned subsidiary named SecMark Mineral Exchange Private Limited. The purpose of this subsidiary is to undertake the business of establishing and operating a Mineral Exchange in accordance with the applicable regulatory framework.

Detailed Subsidiary Information (Annexure-A):

  • Name of Entity: SecMark Mineral Exchange Private Limited (Under incorporation)
  • Date of Incorporation: Not Applicable (to be incorporated)
  • Country of Incorporation: India
  • Holding Company: SecMark Consultancy Limited
  • Relation with Listed Entity: Holding and Subsidiary (100% ownership)
  • Industry: To carry on the business of Mined Natural Resources.
  • Line of Business: To establish, facilitate, promote, assist, operate, regulate, maintain, and manage a mineral exchange. This includes arranging clearing, settlement, risk management, margining, collateral management, and guarantee mechanisms, enabling physical delivery for trades executed on the exchange. The exchange will focus on minerals, their concentrates, processed forms (including metals), and other permitted instruments and their derivatives.
  • Governmental/Regulatory Approvals Required: Approval from the Indian Bureau of Mines (IBM) is required.
  • Nature of Consideration: 100% subscription to the initial paid-up share capital in cash.
  • Cost of Subscription: 10,000 equity shares of ₹10 each, amounting to ₹1,00,000 (Rupees One Lakh only) are proposed to be subscribed.
  • Shareholding Percentage: 100% shareholding by SecMark Consultancy Limited.

The document was signed and submitted by Sunil Kumar Bang, Company Secretary & Compliance Officer for SecMark Consultancy Limited.