SecMark Consultancy Ltd signs key agreements for software and consultancy services

SecMark Consultancy Limited has entered into three significant agreements on December 30, 2025. The company has executed a Software Purchase Agreement with Codifi Finserv Private Limited and Codifi So...

SecMark Consultancy Limited has entered into three significant agreements on December 30, 2025. The company has executed a Software Purchase Agreement with Codifi Finserv Private Limited and Codifi Soft Tech Private Limited to acquire their 'trading web and mobile platforms and trading middleware' software and applications. The consideration for this software purchase, including intellectual property rights, is ₹8,00,00,000 (Rupees Eight Crores) plus applicable goods and service tax. As part of this agreement, Codifi Finserv and Codifi Soft Tech are restricted from engaging in competing businesses for five years without SecMark's written consent. Additionally, SecMark has signed a Consultancy Agreement with Mr. Pradeep Kuppusamy and Mr. Raghu Ram Rajamani. These consultants will be engaged for the further development, maintenance, and enhancement of the acquired software applications, as well as for providing similar development and support services for SecMark's in-house applications. They will also assist in designing and implementing migration software, client transition, and relationship management, and provide ongoing technical, operational, and business support. This consultancy agreement is for a term from December 30, 2025, to December 30, 2028, with an aggregate fixed remuneration of ₹20,00,00,000 (Indian Rupees Twenty Crore) plus goods and service tax. The consultants are also subject to a five-year non-compete clause. Furthermore, SecMark has executed a Deed of Assignment of Trademark with Codifi Finserv Private Limited. Through this deed, Codifi Finserv assigns and transfers 50% of the goodwill of the trademark pertaining to the 'trading web and mobile platforms and trading middleware' software, along with related rights and benefits. The consideration for this trademark assignment is ₹1,00,000 (Indian Rupees One Lakh) plus goods and service tax. None of the parties involved in these agreements are related to SecMark's promoters or group companies, and the transactions are considered to be at arm's length.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is SecMark Consultancy Limited in the news today?

SecMark Consultancy Limited (SECMARK) is in the news due to the company has entered into agreements to acquire software, intellectual property, and related consultancy services, which are strategic moves expected to enhance its technological capabilities and service offerings.

Other Corporate ActionsStrategic Partnerships
SecMark Consultancy LimitedSECMARKhttps://prysm.fi/v2/analyze/SECMARK

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

SecMark Consultancy Ltd signs key agreements for software and consultancy services

December 30, 2025, 09:41 AM

AI Sentiment Analysis

Top Queries to Ask About SecMark Consultancy Limited

More Details on This News

SecMark Consultancy Limited has entered into three significant agreements on December 30, 2025. The company has executed a Software Purchase Agreement with Codifi Finserv Private Limited and Codifi Soft Tech Private Limited to acquire their 'trading web and mobile platforms and trading middleware' software and applications. The consideration for this software purchase, including intellectual property rights, is ₹8,00,00,000 (Rupees Eight Crores) plus applicable goods and service tax. As part of this agreement, Codifi Finserv and Codifi Soft Tech are restricted from engaging in competing businesses for five years without SecMark's written consent.

Additionally, SecMark has signed a Consultancy Agreement with Mr. Pradeep Kuppusamy and Mr. Raghu Ram Rajamani. These consultants will be engaged for the further development, maintenance, and enhancement of the acquired software applications, as well as for providing similar development and support services for SecMark's in-house applications. They will also assist in designing and implementing migration software, client transition, and relationship management, and provide ongoing technical, operational, and business support. This consultancy agreement is for a term from December 30, 2025, to December 30, 2028, with an aggregate fixed remuneration of ₹20,00,00,000 (Indian Rupees Twenty Crore) plus goods and service tax. The consultants are also subject to a five-year non-compete clause.

Furthermore, SecMark has executed a Deed of Assignment of Trademark with Codifi Finserv Private Limited. Through this deed, Codifi Finserv assigns and transfers 50% of the goodwill of the trademark pertaining to the 'trading web and mobile platforms and trading middleware' software, along with related rights and benefits. The consideration for this trademark assignment is ₹1,00,000 (Indian Rupees One Lakh) plus goods and service tax. None of the parties involved in these agreements are related to SecMark's promoters or group companies, and the transactions are considered to be at arm's length.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on SecMark Consultancy Limited

Discover more trending news on Prysm

View All