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Awaiting price reaction for this filing.
Morarka Finance Ltd has received a fresh Certificate of Registration (CoR) from the Reserve Bank of India dated September 22, 2025. This reflects the RBI's earlier approval (August 21, 2025) for converting the company's registration status from NBFC Type-II to NBFC Type-I. As an NBFC Type-I, the company is barred from accepting public funds and from having any customer interface. The fresh CoR replaces the original certificate No. 13.00042 issued on February 20, 1998. The company has stated that this change does not have any material impact on its day-to-day operations or financials.
This is largely a regulatory status update with no immediate financial impact as confirmed by the company. However, the NBFC Type-I classification restricts the company from accepting public deposits and interacting with customers, which limits its core lending business scope going forward.