Munoth Financial Services to Surrender SEBI Merchant Banking License

Munoth Financial Services Ltd announced that its Board of Directors, in a meeting held on November 13, 2026, approved the voluntary surrender of its Category I merchant banking license granted by SEBI. The company will initiate the necessary process as per SEBI regulations. The surrender is not expected to have any monetary or other impact on the company, as it is voluntary and not due to any cancellation or suspension by SEBI. The license was a permanent registration. The company will inform stock exchanges of any actual impact and corrective actions post-surrender.