Monarch Networth Capital Limited has informed the Exchange regarding Resignation of Mr Vaibhav Purohit as Group Chief Compliance Officer of the company w.e.f. March 10, 2026.
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Monarch Networth Capital Limited has informed the stock exchanges that Mr. Vaibhav Purohit has resigned as the Group Chief Compliance Officer (GCCO) of the company. His resignation letter was dated December 12, 2025, and he was relieved from his role with effect from the close of business hours on March 10, 2026. As per his resignation letter, Mr. Purohit is moving on to pursue interests and opportunities outside the company. The company has accepted his resignation and stated that he will assist in a smooth handover during the transition.
This is a routine key managerial personnel change with no negative governance signals flagged. The immediate financial impact on shareholders is likely negligible, though investors may watch for a timely replacement to ensure continuity of compliance functions at the company.