Monte carlo fashions Limited has announced that its Board of Directors will convene on January 28, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting, scheduled in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, will take place at the company's registered office in Ludhiana.

Board Meeting Details

The board meeting is specifically convened to consider and approve the unaudited financial results for both the quarter and nine months ended December 31, 2025. The meeting will be held at the company's registered office located at B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003, Punjab.

Trading Window Restrictions

In compliance with regulatory requirements, Monte Carlo Fashions Limited has implemented a trading window closure for dealing in the company's securities. The trading window closure commenced on January 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results.

Regulatory Compliance

The board meeting announcement follows the mandatory disclosure requirements under Regulation 29 of the SEBI Listing Regulations. The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about the scheduled meeting. Monte Carlo Fashions Limited trades on NSE under the symbol MONTECARLO and on BSE with scrip code 538836.

The announcement was signed by Ankur Gauba, Company Secretary and Compliance Officer, who holds ICSI Membership No. F10577. The formal communication was dated January 20, 2026, providing adequate notice to stakeholders and regulatory authorities about the upcoming financial results review.

Monte Carlo Fashions has announced the formation of a new subsidiary company dedicated to solar power initiatives, marking the company's strategic entry into the renewable energy sector.

New Subsidiary Formation

The company has established MCFL Energy Projects Private Limited as its newest subsidiary, with a specific focus on solar power initiatives. This development represents a significant diversification move for the fashion and apparel company.

Strategic Business Expansion

The formation of this energy-focused subsidiary indicates Monte Carlo Fashions' commitment to expanding its business portfolio beyond traditional fashion and apparel operations. By venturing into solar power initiatives, the company is positioning itself in the growing renewable energy market.

Corporate Development

This subsidiary formation represents a notable corporate development for Monte Carlo Fashions, as it establishes a dedicated entity to handle solar power projects and initiatives. The move demonstrates the company's strategic vision to diversify its revenue streams and explore opportunities in the sustainable energy sector.