Monarch Networth Capital Limited

Board Approval Details

The Board of Directors of Monarch Networth Capital Limited approved the following at its meeting held on October 29, 2026 (commencing at 12:35 PM and concluding at 3:20 PM):

  • 1:5 stock split of existing equity shares
  • Consequential alteration of Memorandum of Association
  • Subject to shareholder approval and other statutory/regulatory approvals

Stock Split Details

  • Split Ratio: 1:5
  • Current: Each existing equity share of face value ₹10 fully paid-up
  • Post-split: Each share subdivided into 5 equity shares of face value ₹2 fully paid-up
  • Class of shares affected: Equity shares having face value of ₹10 each, fully paid-up, ranking pari-passu
  • Company has issued only one class of equity shares

Rationale for Split

To enhance affordability and increase accessibility for small retail investors/shareholders, thereby improving liquidity and encouraging broader market participation by expanding the retail shareholders' base.

Share Capital Impact

Authorized Share Capital Changes:

  • Equity Shares: Pre-split 8,90,00,000 shares of ₹10 each → Post-split 44,50,00,000 shares of ₹2 each
  • 6% cumulative redeemable preference shares: 5,00,000 shares of ₹100 each (unchanged)
  • Preference shares: 60,00,000 shares of ₹10 each (unchanged)
  • Total authorized capital remains ₹100,00,00,000 (Rupees one hundred crores only)

Issued, Subscribed and Paid-up Equity Share Capital:

  • Equity Shares: Pre-split 7,93,08,338 shares of ₹10 each → Post-split 39,65,41,690 shares of ₹2 each
  • 6% cumulative redeemable preference shares: None issued
  • Preference shares: None issued

Implementation Timeline

Expected completion within 2 (two) months from the date of approval of the shareholders of the Company and any regulatory/statutory approvals as may be required under applicable laws.

Record Date

The Record Date for determining the eligibility of shareholders will be determined after obtaining shareholder approval and will be intimated to the Stock Exchanges in due course.

Memorandum of Association Alteration

Clause V (Capital Clause) of the Memorandum of Association will be altered to reflect the new share structure post-split, subject to shareholder approval.

Additional Information

This intimation is being uploaded on the Company's website at www.mnclgroup.com. The disclosure was signed by Nitesh Tanwar, Company Secretary and Compliance Officer (M. No. FCS-10181) on October 29, 2026.