StockWatch
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Stockbroking & Allied
Board Meeting29 Oct 2026, 03:44 pm

Monarch Networth Capital Approves Q2 FY27 Results & Share Split

AI Summary

Monarch Networth Capital Limited's Board of Directors met on October 29, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The company also approved a proposal to sub-divide its equity shares from a face value of Rs. 10 to Rs. 2, subject to shareholder and regulatory approvals. The limited review reports from M S K A & Associates LLP were also taken on record. Shareholders will vote on the share split and consequential alteration of the Memorandum of Association via postal ballot.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27 and H1 FY27.
  • Approved equity share sub-division (split) from Rs. 10 to Rs. 2.
  • Shareholder approval to be sought via postal ballot for the split.
  • Limited Review Reports from auditors M S K A & Associates LLP attached.