Monarch Networth Capital Limited has informed the Exchange about General Updates- Intimation under Regulation 30 of Listing Regulation with respect to Incorporation of a Wholly Owned Subsidiary Company.
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Monarch Networth Capital Limited has incorporated a new wholly owned subsidiary named 'Monarch Capital Venture Private Limited' on May 13, 2026. The subsidiary has an authorised capital of Rs 1 crore and subscribed capital of Rs 10 lakhs, fully subscribed by the parent company in cash. The new entity will operate in the financial services industry, providing investment fund management support, investment advisory, portfolio and asset management support, fund administration, and financial research services. As it is a newly incorporated company, no turnover information is available. The subsidiary has been classified as a related party of Monarch Networth Capital Limited.
The incorporation of this WOS expands the company's financial services capabilities into fund management support and advisory activities. No immediate material impact on financials since the subsidiary is newly formed with a modest subscribed capital of Rs 10 lakhs.