Monarch Networth Capital Secures IFSCA Approval for 'Monarch India Growth Fund'

1 min read     Updated on 19 Sept 2025, 06:40 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Monarch Networth Capital Limited (MNCL) has obtained approval from the International Financial Services Centres Authority (IFSCA) for its new Category III investment scheme, 'Monarch India Growth Fund'. The approval was granted on September 18, 2025. MNCL's subsidiary, Monarch Networth Capital IFSC Private Limited, will serve as the Fund Management Entity for the scheme. The company promptly disclosed this development to the BSE and NSE on September 19, 2025, in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Monarch Networth Capital Limited (MNCL) has achieved a significant milestone in its expansion into the international financial services arena. The company recently received approval from the International Financial Services Centres Authority (IFSCA) for its new Category III investment scheme, 'Monarch India Growth Fund'.

IFSCA Approval Details

The approval was granted through a letter dated September 18, 2025, marking a pivotal moment for MNCL's growth strategy. This development was promptly disclosed to the stock exchanges, BSE and NSE, in compliance with regulatory disclosure requirements.

Subsidiary's Role

Monarch Networth Capital IFSC Private Limited, a subsidiary of MNCL, will take on the crucial role of Fund Management Entity for the newly approved scheme. This strategic positioning allows the company to leverage its expertise in the international financial services sector.

Regulatory Compliance

In adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MNCL officially informed the stock exchanges about this significant development. The company's commitment to transparency is evident in its prompt disclosure, made on September 19, 2025, just a day after receiving the IFSCA approval.

Management's Statement

Nitesh Tanwar, Company Secretary and Compliance Officer of Monarch Networth Capital Limited, signed off on the regulatory filing, emphasizing the company's dedication to keeping shareholders and the market informed of material developments.

This approval represents a strategic move for Monarch Networth Capital Limited, potentially opening new avenues for growth and diversification in the international financial services landscape. Investors and market watchers will likely keep a close eye on how this new fund performs and its impact on the company's overall financial health in the coming months.

Historical Stock Returns for Monarch Networth Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.03%-2.14%-1.05%-5.46%-24.69%+314.45%
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Monarch Networth Capital Acquires 1.82% Stake in Metropolitan Stock Exchange for ₹40 Crore

1 min read     Updated on 19 Aug 2025, 04:21 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Monarch Networth Capital Limited (MNCL) has acquired a 1.82% stake in the Metropolitan Stock Exchange of India Limited (MSEI) for ₹40 crore. The company purchased 20 crore equity shares at ₹2 per share, with a face value of ₹1 per share. The transaction was confirmed by MSEI and MNCL has informed the BSE and NSE as per SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Monarch Networth Capital Limited (MNCL) has successfully completed a significant acquisition in the Metropolitan Stock Exchange of India Limited (MSEI), marking a strategic move in the financial sector. The company has purchased a 1.82% stake in MSEI, demonstrating its commitment to expanding its presence in the Indian stock exchange landscape.

Acquisition Details

Item Value
Shares Acquired 20 crore equity shares
Total Investment ₹40.00 crore
Price per Share ₹2.00
Face Value ₹1.00 per share
Stake Percentage 1.82% of MSEI

Transaction Timeline

The acquisition process has now reached its conclusion. Monarch Networth Capital received confirmation of the completed transaction from MSEI at 7:33 PM. The company promptly disclosed this information to the stock exchanges, in compliance with SEBI regulations.

Regulatory Compliance

In adherence to the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, Monarch Networth Capital has duly informed both the BSE Limited and the National Stock Exchange of India Limited about the completion of this acquisition. This transparency ensures that all stakeholders are kept informed of significant corporate actions.

Market Implications

This acquisition by Monarch Networth Capital could potentially strengthen its position in the financial services sector. By gaining a stake in the Metropolitan Stock Exchange, MNCL may be looking to diversify its portfolio and gain strategic insights into the operations of a stock exchange.

The move comes at a time when the Indian financial markets are evolving, and such strategic investments could play a crucial role in shaping the future landscape of stock trading and financial services in the country.

As the financial sector continues to witness dynamic changes, market participants will be keenly watching how this acquisition might influence Monarch Networth Capital's business strategy and its potential impact on the broader market ecosystem.

Historical Stock Returns for Monarch Networth Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.03%-2.14%-1.05%-5.46%-24.69%+314.45%
Monarch Networth Capital
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