Monarch Networth Capital to Invest ₹10 Crores for 0.56% Stake in NCDEX

1 min read     Updated on 25 Sept 2025, 01:09 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Monarch Networth Capital Limited (MNCL) has signed a Share Subscription Agreement to invest ₹10,00,00,072 in the National Commodity & Derivatives Exchange Limited (NCDEX). The investment involves subscribing to 5,06,740 equity shares at ₹197.34 per share, resulting in a 0.56% stake in NCDEX's post-issue paid-up share capital. This strategic move aims to strengthen MNCL's presence in the financial services ecosystem. The transaction is expected to complete within 60 business days, subject to conditions precedent.

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

Monarch Networth Capital Limited (MNCL) has announced a strategic investment in the National Commodity & Derivatives Exchange Limited (NCDEX), marking a significant move to strengthen its presence in the financial services ecosystem.

Investment Details

MNCL signed a Share Subscription Agreement (SSA) with NCDEX, committing to invest ₹10,00,00,072 (₹10 crores and 72 rupees) in the commodity exchange. The investment will be made through the subscription of 5,06,740 equity shares at a price of ₹197.34 per share, which includes a premium of ₹187.34 per share over the face value of ₹10.

Stake and Strategic Implications

Upon completion, this investment will represent approximately 0.56% of NCDEX's post-issue paid-up share capital. The move aligns with Monarch Networth Capital's strategic goal of enhancing its footprint in the financial services and securities market ecosystem.

About NCDEX

NCDEX, incorporated on April 23, 2003, is a professionally managed online commodity exchange that offers a diverse range of products in both agricultural and non-agricultural commodities derivatives segments. Key financial highlights of NCDEX include:

Metric Value
Net worth ₹615.94 crores
Turnover ₹24.48 crores
Total Revenue ₹44.76 crores

Transaction Details

  • The investment is not classified as a related party transaction.
  • The deal is subject to satisfactory completion of conditions precedent as stipulated in the SSA.
  • The transaction is expected to be completed within 60 business days from the execution date, with the possibility of extension upon mutual agreement.

Regulatory Compliance

Monarch Networth Capital has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also provided detailed information as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155.

This strategic investment by Monarch Networth Capital in NCDEX represents a calculated move to expand its influence in the commodity trading sector and potentially leverage synergies within the broader financial services industry.

Historical Stock Returns for Monarch Networth Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-2.35%-1.26%-5.66%-24.85%+313.56%
Monarch Networth Capital
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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
-0.24%-2.35%-1.26%-5.66%-24.85%+313.56%
Monarch Networth Capital
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