Investment8 Jul 2025, 10:01 pm
Monarch Networth Capital to Invest Rs. 40 Crores in Metropolitan Stock Exchange of India
AI Summary
Monarch Networth Capital Ltd has entered into a Share Subscription and Shareholders’ Agreement with Metropolitan Stock Exchange of India Limited (MSEI). The company will invest Rs. 40,00,00,000/- by subscribing to 20,00,00,000 equity shares of MSEI at a price of Rs. 2 per share. This investment will represent approximately 1.82% of the post-issue paid-up share capital of MSEI. The investment is subject to the satisfactory completion of conditions precedent as stipulated in the SSHA.
Key Highlights
- Monarch Networth Capital to invest Rs. 40 Crores in Metropolitan Stock Exchange of India
- Investment will represent approximately 1.82% of the post-issue paid-up share capital of MSEI
- MSEI is a SEBI-recognized stock exchange with operations in the Capital Market, Futures & Options, Currency Derivatives, and Debt Market segments
- The investment is subject to the satisfactory completion of conditions precedent as stipulated in the SSHA
- The investment aligns with Monarch Networth Capital’s strategic goal of strengthening its presence in the financial services and securities market ecosystem