Submission of Revised Unaudited Financial Results for the Quarter and Half Year Ended 30th September 2024
RESULTS
● No Immediate Change
HIGH RISK
📅 Filed on BSE: 04 Aug 2026, 06:55 PM IST · BSE ID: bcc4bd18-08cb-4ffb-865e-54e30236156d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company refiled its September 2024 financial results to include missing cash flow details, with no changes to the main numbers.
🤖 AI Summary
- SecUR Credentials submitted revised Unaudited Financial Results for the Quarter and Half Year Ended 30th September 2024.
- The revision includes Cash Flow Statements and the corresponding Limited Review Report, which were inadvertently omitted.
- There is no change to the previously approved Standalone Financial Results for the period.
- The company stated the present submission is solely to furnish the omitted Cash Flow Statements.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue From Operations (Quarter Ended 30th Sep 2024)
7.50 Lakhs
Profit (Loss) for the period (Quarter Ended 30th Sep 2024)
(132.99) Lakhs
Loan granted to Director
152.12 Lakhs
Total Assets (As on 30th Sep 2024)
6,870.36 Lakhs
🏢 How This Affects the Company
The submission of omitted Cash Flow Statements addresses a previous disclosure inadequacy, potentially mitigating regulatory compliance risks related to incomplete financial reporting.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this specific filing.
👤
Who Is Affected
All shareholders are affected as the company corrected its Q2 FY25 financial disclosure, providing a more complete picture of its financial position as of September 30, 2024.
🔍
Management Signal
This revision signals management's intent to ensure full regulatory compliance regarding financial statement disclosure, even for past periods.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly results — evaluate if audit qualifications persist or are addressed
Updates on director loan — check for resolution of Section 185 contravention
Company website status — verify activation and statutory disclosures
HIGH RISK
Numerous audit qualifications, including a director loan violating Companies Act Section 185 and unverified inventory.
💡 Investor Takeaway
SecUR Credentials revised its Q2 FY25 results by adding Cash Flow Statements and the Limited Review Report for the period ended September 30, 2024. The Standalone Financial Results remain unchanged. The auditor highlighted an unverified director loan of 152.12 Lakhs and other non-compliance issues.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company's website was inactive at the time of limited review, preventing verification of statutory disclosure compliance.
- Loan of 152.12 Lakhs granted to a Director contravenes Section 185 of the Companies Act, 2013.
- Inventory disclosed did not exist during physical verification, indicating possible overstatement in prior periods.
- GST returns, PF, and ESIC challans were not provided, preventing verification of correctness and completeness of statutory compliance.
📅 Company Track Record
Previous filings flagged a 99.5% revenue collapse and a Rs. 382.61 Lacs loss for the quarter ended June 2024. A director loan of Rs. 116.11 Lacs was previously noted as violating Section 185 of the Companies Act, which has now increased to 152.12 Lakhs for the period ended September 2024. Multiple audit qualifications have been a recurring issue.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was the purpose of SecUR Credentials' revised filing on August 4, 2026?
SecUR Credentials submitted revised Unaudited Financial Results to include omitted Cash Flow Statements and the corresponding Limited Review Report for the quarter and half year ended 30th September 2024.
Did the revised Q2 FY25 financial results for SecUR Credentials contain any changes to the previously reported numbers?
No, the company explicitly stated that there is no change in the Standalone Financial Results already approved by the Board of Directors for the period ended 30th September 2024.
What significant issues did the Limited Review Report for SecUR Credentials highlight for Q2 FY25?
The Limited Review Report noted a loan of 152.12 Lakhs to a Director in contravention of Section 185 of the Companies Act, 2013, and inventory not found during physical verification.
What was SecUR Credentials' Profit (Loss) for the Quarter Ended September 30, 2024?
SecUR Credentials reported a Profit (Loss) for the period from continuing operations of (132.99) Lakhs for the quarter ended September 30, 2024.
Questions based on this BSE filing only. For information purposes.