Monarch Networth Capital Limited shareholders approved all four ordinary resolutions at the 33rd Annual General Meeting held on September 25, 2026. The company confirmed the passing of these resolutions through a filing with stock exchanges on September 28, 2026.

The approved items included the adoption of standalone and consolidated audited financial statements for FY26, declaration of a ₹1 per equity share final dividend, and the re-appointment of Vaibhav J Shah as a director. The meeting was conducted in physical mode in Gandhinagar, Gujarat.

Voting participation and turnout

The AGM saw participation from 42 shareholders present in person or through proxy out of 17,751 shareholders on record. This included 10 promoters and promoter group members and 32 public shareholders. Video conferencing was not applicable for this meeting.

Voting was conducted via remote e-voting through MUFG Intime India Private Limited between September 22 and September 24, 2026. Additional e-voting facilities were available at the venue for members who had not voted remotely.

Resolution-wise voting results

The consolidated scrutinizer’s report detailed the voting outcomes for each resolution. Promoter and promoter group held 42,691,360 shares, while public institutions held 2,473,769 shares and public non-institutions held 34,143,209 shares. The total outstanding shares were 79,308,338.

For Resolutions 1, 2, and 3, the votes in favour constituted 100% of the votes polled. The total votes polled across all categories for these resolutions were 25,413,348, representing 32.04% of the total outstanding shares.

Director re-appointment details

Resolution 4 concerned the re-appointment of Vaibhav J Shah (DIN: 00572666), who retired by rotation. While the resolution passed, it received some dissenting votes from public institutions. Public institutions cast 55,250 votes, with 17,385 in favour and 37,865 against. Public non-institutions cast 113,422 votes, with 113,388 in favour and 34 against. The promoters voted entirely in favour with 25,244,676 votes.

The total votes in favour for this resolution were 25,375,449, while 37,899 votes were cast against. Despite the dissent from institutional investors, the resolution was passed with a majority of 99.85% of the votes polled.

Monarch Networth Capital has submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the stock exchanges. The filing, dated September 2, 2026, covers the company's performance across environmental, social, and governance parameters for the financial year ended March 31, 2026.

The company reported a turnover of ₹36,834.15 lakhs and a net worth of ₹94,050.07 lakhs as of March 31, 2026. These figures form the basis for CSR applicability under Section 135 of the Companies Act, 2013.

Governance and Compliance

Monarch Networth Capital operates as an integrated financial services provider, with 72.27% of turnover derived from financial service activities excluding insurance and pension funding. The remaining 27.73% comes from other financial activities. The company maintains a zero-tolerance policy towards bribery and corruption, supported by a Whistle Blower Policy and a Code of Conduct approved by the Board.

During FY26, the company received 59 complaints in total: 56 from customers/clients, two from shareholders, and one from investors. All complaints were resolved by the end of the year, with none pending. No penalties or fines were paid to regulatory or judicial institutions during the period.

Human Capital Metrics

The company employed 355 permanent employees at the end of FY26, comprising 297 males and 58 females. This represents a decline from the 419 employees recorded in FY25. The employee turnover rate for permanent staff stood at 32% in FY26, down from 34% in FY25 and 34.06% in FY24.

Training coverage reached 100% of employees for skill upgradation. Additionally, 83% of non-KMP employees participated in training on the prevention of sexual harassment. The company provided health insurance to all 355 permanent employees and maternity benefits to all 58 female employees.

Environmental Performance

As a service-based entity, Monarch Networth Capital does not generate significant industrial waste or emissions. Total energy consumption from non-renewable sources was 1,406.20 GJ in FY26, a decrease from 1,520.42 GJ in FY25. Consequently, energy intensity per million rupees of turnover improved to 0.38 from 0.48 in the prior year.

Water withdrawal totaled 43.48 kilolitres, sourced entirely from third-party providers, compared to 44.82 kilolitres in FY25. The company does not have operations in ecologically sensitive areas and is not subject to the Performance, Achieve and Trade (PAT) scheme. Greenhouse gas emissions (Scope 1 and Scope 2) were not tracked during the reporting period.

What the Numbers Show

The divergence between declining headcount and stable revenue indicates improved operational efficiency. With turnover at ₹36,834.15 lakhs and a workforce reduction from 419 to 355 employees, revenue per employee increased significantly year-on-year. This suggests that technology-driven processes are absorbing the workload previously handled by a larger staff base.