MORARKA FINANCE LTD.

Morarka Finance Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors and accompanied by a Limited Review Report from statutory auditors M/s. Jayesh Dadia & Associates LLP. The filing adheres to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and IND AS standards. The company has provided the financial statement as per the regulatory requirements.

Morarka Finance Ltd held a Board of Directors meeting on July 21, 2026, via video conference. The board adopted the unaudited financial results for the quarter ended June 30, 2026, along with the statutory auditors' limited review report. Additionally, the company received approval to de-register from the Reserve Bank of India (RBI) and adopt the status of an 'Unregistered Type I NBFC'. This decision follows recent RBI amendments allowing eligible Type I NBFCs to operate as unregistered entities. Morarka Finance intends to apply for de-registration, subject to regulatory approval, and will operate under the new framework if granted.

Morarka Finance Ltd announced that shareholders approved the appointment of Mr. Pranay G. Morarka as Managing Director for a five-year term, commencing April 24, 2026, and ending April 23, 2031. This change in designation was approved at the 41st Annual General Meeting held on July 15, 2026. Mr. Morarka, who holds a BMM degree and is an investor, has been the CEO since 2014 and is credited with steering the company's strategic growth. The appointment is subject to further approvals, including from the RBI. He is not debarred from holding directorships by any regulatory authority.

Morarka Finance Ltd has scheduled a Board of Directors meeting for July 21, 2026. The meeting will primarily focus on approving the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the board will consider obtaining de-registration from the Reserve Bank of India (RBI) and adopting the status of 'Unregistered Type I NBFC' in compliance with new regulations. The trading window for designated persons has been closed since July 1, 2026, and will reopen 48 hours after the financial results are declared.

Morarka Finance Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. Additionally, as per a recent SEBI circular, the PAN of designated persons and their immediate relatives will be frozen by the National Securities Depository Limited for trading during this period.

Morarka Finance Limited has announced its 41st Annual General Meeting (AGM) will be held on Wednesday, July 15, 2026, at 12:00 PM IST via Video Conferencing. The company is providing shareholders who have not registered their email addresses with a web-link to access the complete Annual Report for FY2025-26. The filing also serves as a reminder for shareholders holding physical securities to update their KYC details, including PAN, address, bank account, and nomination, as mandated by SEBI regulations, to ensure eligibility for payments like dividends.

Morarka Finance Ltd has announced its 41st Annual General Meeting (AGM) scheduled for July 15, 2026, to be held via Video Conferencing. The meeting will address the adoption of Audited Financial Statements for FY 2025-26, along with the Directors' and Auditors' Reports. A key agenda item is the declaration of dividend on equity shares for the financial year ended March 31, 2026. Additionally, the appointment of Mr. Pranay G. Morarka as Managing Director for a five-year term and the fixation of his remuneration will be proposed as special business. The company also noted a director's cessation and a promotion within its key managerial personnel.

Morarka Finance Limited has issued a clarificatory resolution regarding the appointment of Mr. Pranay G. Morarka as Managing Director. The resolution, passed via circular on June 3, 2026, clarifies that the previously approved five-year term commencing April 24, 2026, is subject to obtaining all necessary approvals from the Reserve Bank of India (RBI), including compliance with the RBI (Non-Banking Financial Companies - Governance) Directions, 2025. This clarification does not alter the original approval but ensures it aligns with all applicable RBI regulations. The company has filed the necessary application with the RBI through the PRAVAAH portal.

Morarka Finance Ltd. announced the cessation of Mr. Pranay G. Morarka as Chief Executive Officer (CEO) and his appointment as Managing Director (Additional Director), subject to shareholder approval at the 41st Annual General Meeting. The company inadvertently omitted Mr. Morarka's resignation letter from the initial submission on April 23, 2026, and has now included it. Mr. Morarka's resignation is effective from April 24, 2026, as he transitions to his new role.

Morarka Finance's Board of Directors met on April 23, 2026, taking several key decisions. These included the adoption of audited standalone financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹1.5 per equity share (15%), subject to shareholder approval at the 41st Annual General Meeting (AGM) scheduled for July 15, 2026, with July 8, 2026, as the record date. Ms. Kalluri Savitha Rao resigned as Non-Executive Director, and Mr. Satyaprakash Maheshwari was appointed as Internal Auditor. Significantly, Mr. Pranay G. Morarka transitioned from Chief Executive Officer (CEO) to Managing Director (Additional Director) for a five-year term, effective April 24, 2026, pending shareholder approval. The Nomination & Remuneration Committee was also reconstituted.