MORARKA FINANCE LTD.

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.

Morarka Finance Ltd has announced the book closure dates for the purpose of the Annual General Meeting and dividend. The book closure will be from July 9, 2026, to July 15, 2026 (both days inclusive). The AGM is scheduled for Wednesday, July 15, 2026. The company has fixed Wednesday, July 8, 2026, as the record date for the dividend, subject to approval at the AGM.

Morarka Finance Ltd has announced the book closure dates for the purpose of the Annual General Meeting and dividend. The book closure will be from July 9, 2026, to July 15, 2026 (both days inclusive). The AGM is scheduled for Wednesday, July 15, 2026. The company has fixed Wednesday, July 8, 2026, as the ‘Record Date’ for the purpose of dividend, if approved at the AGM.

Morarka Finance's Board of Directors met on April 23, 2026, adopting audited financial results for the quarter and year ended March 31, 2026. The board recommended a dividend of ₹1.5 per equity share (15%) for FY26, subject to shareholder approval at the 41st Annual General Meeting scheduled for July 15, 2026. Significant management changes include the appointment of Mr. Pranay G. Morarka as Managing Director for a five-year term, transitioning from his previous role as Chief Executive Officer. The board also noted the resignation of Ms. Kalluri Savitha Rao as Non-Executive Director and approved the appointment of Mr. Satyaprakash Maheshwari as the Internal Auditor for FY27. The Nomination & Remuneration Committee was also reconstituted.

Morarka Finance Ltd's Board of Directors, in a meeting held on April 23, 2026, approved the Audited Financial Results as per IND AS for the quarter and year ended March 31, 2026. The filing includes the Statement of Assets and Liabilities and Cash Flow Statement. The Statutory Auditors, M/s. Jayesh Dadia & Associates LLP, have issued an unmodified opinion on these financial results.

Morarka Finance Ltd's Board of Directors met on April 23, 2026, and adopted the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹1.5 per equity share (15%) for FY26, payable to shareholders on record by July 8, 2026, subject to approval at the 41st Annual General Meeting on July 15, 2026. Additionally, 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 to Managing Director (Additional Director) for a five-year term, effective April 24, 2026, pending shareholder approval. The Nomination & Remuneration Committee was also reconstituted.