Monarch Networth Capital Secures IFSCA Approval for 'Monarch India Growth Fund'
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.03% | -2.14% | -1.05% | -5.46% | -24.69% | +314.45% |