Investment18 May 2026, 05:21 pm
Monte Carlo Fashions to Invest ₹50 Lakhs in MCFL Energy Projects
AI Summary
Monte Carlo Fashions Ltd's board approved an investment of up to ₹50 lakhs in the equity shares of its wholly-owned subsidiary, MCFL Energy Projects Private Limited, through subscription in one or more tranches. The board also approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, recommended a final dividend of ₹20 per equity share, and appointed internal and tax auditors for FY2026-27 and FY2025-26 respectively.
Key Highlights
- Monte Carlo Fashions will invest up to ₹50 lakhs in MCFL Energy Projects.
- A final dividend of ₹20 per share (200%) was recommended for FY2025-2026.
- Standalone and consolidated audited financial results for FY26 were approved.
- M/s S. Tandon & Associates appointed as Internal Auditors for FY2026-27.
- M/s Deloitte Haskins & Sells appointed as Tax Auditors for FY2025-26.
Price Impact
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