SecUR Credentials Limited's Board of Directors, in a meeting held on August 2, 2025, approved the Audited Financial Results and Statements for the quarter and year ended March 31, 2025. The company's statutory auditors, M/s. S. D. Mehta & Co., have issued a Qualified Opinion on these results. The company's securities are currently suspended due to penal reasons, including non-payment of Annual Listing Fees, and there's a backlog of approximately two years in regulatory filings. Management is actively working to regularize pending submissions and ensure future compliance. Further concerns were raised by the auditors regarding a debit balance of ₹205.09 Lakhs in the director's ledger account due to lack of supporting documentation. Additionally, no invoices were raised for outstanding unbilled revenue, interest was not collected on advances, reconciliation of statutory dues was not possible, and a significant advance payment for property acquisition remains unutilized. Expected Credit Loss Provision was not provided on advances, and documentation for major expenditures was unavailable. A payment due for property purchase was incorrectly booked as income, and there was a lack of bifurcation for MSME debtors and creditors. The company also received an interim order from SEBI concerning alleged fictitious transactions involving Varanium Cloud Ltd. While the order is challenged, sales to Varanium Cloud Ltd. were reversed via credit notes amounting to ₹235.76 Lakhs due to project cancellation. Repayment of an HDFC Bank borrowing could not be verified due to a lack of documentation. Business promotion expenses paid via credit card also lacked verification. The Board meeting commenced at 4:00 PM and concluded at 6:00 PM.