Monte Carlo Fashions Limited has informed the Exchange about change in Management
MONTECARLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Monte Carlo Fashions Limited held its Board Meeting on May 18, 2026, approving standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026. The company reported consolidated revenue from operations of Rs 1,27,591 lakhs, up from Rs 1,10,041 lakhs in the previous year. Profit after tax (consolidated) stood at Rs 11,206 lakhs versus Rs 8,117 lakhs year earlier. The Board recommended a final dividend of Rs 20 per equity share (200% on face value of Rs 10), subject to shareholder approval at the AGM. New appointments include S. Tandon & Associates as Internal Auditors for FY 2026-27 and Deloitte Haskins & Sells as Tax Auditors for FY 2025-26. The company also approved investment up to Rs 50 lakhs in its wholly owned subsidiary MCFL Energy Projects Private Limited, incorporated in January 2026 for solar power generation projects.
Strong financial performance with ~40% rise in PAT and improved EPS of Rs 54.05 signals operational strength. The dividend recommendation at 200% is positive for shareholders. However, the headline claiming 'change in Management' appears inconsistent with the actual filing content which shows no KMP or director changes.