Monarch Network Capital Limited has announced the resignation of its Group Chief Compliance Officer (GCCO), Mr. Vaibhav Purohit, in compliance with regulatory disclosure requirements. The company informed both BSE Limited and National Stock Exchange of India Limited about this key management change through an official communication dated March 10, 2026.

Resignation Details and Timeline

Mr. Vaibhav Purohit submitted his resignation letter on December 12, 2025, which was formally accepted by the company on March 10, 2026. The resignation becomes effective from the close of business hours on Tuesday, March 10, 2026.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive disclosure details as required under the listing regulations, including the reason for change and the effective date of cessation.

The formal communication was signed by Nitesh Tanwar, Company Secretary and Compliance Officer, ensuring proper documentation and regulatory adherence. The company has requested both stock exchanges to take note of this management change for their records.

Transition Process

In his resignation letter, Mr. Purohit expressed gratitude for the professional growth and experiences gained during his tenure. He committed to ensuring a seamless transition by assisting in the handover process, demonstrating professional responsibility during the departure phase.

The resignation represents a planned transition, with the company having sufficient time between the resignation submission in December 2025 and the effective relief date in March 2026 to manage the handover process effectively.

Monarch Networth Capital Limited announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, showcasing robust performance across key financial metrics. The Board of Directors approved these results at their meeting held on January 22, 2026.

Financial Performance Highlights

The company delivered strong financial results for Q3FY26, demonstrating consistent growth momentum. The standalone results show significant improvement in profitability and operational efficiency compared to the corresponding quarter of the previous year.

Revenue Composition and Growth Drivers

The company's revenue streams showed varied performance during the quarter. Fees and commission income reached ₹48.36 crores, while interest income contributed ₹32.06 crores. Net gain on fair value changes added ₹11.32 crores to the total revenue, compared to a loss of ₹1.31 crores in Q3FY25.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, Monarch Networth Capital maintained its growth trajectory with total revenue from operations reaching ₹268.97 crores compared to ₹260.60 crores in the corresponding period of FY25. Net profit after tax for the nine-month period stood at ₹131.78 crores versus ₹119.16 crores in the previous year, representing a 10.6% increase.

Consolidated Results and Segment Performance

The consolidated financial results include performance from the company's subsidiaries across different business segments. The broking and related services segment remained the primary revenue contributor, while the company also operates in non-banking financial business and insurance segments.

Key Management Appointment

The Board of Directors approved the appointment of Mr. Shailen Ramesh Shah as Group Director and Key Management Personnel effective January 22, 2026. Mr. Shah brings 28 years of experience in the capital market and has been instrumental in establishing the company's retail network and institutional business. As a promoter of the company, he has played a crucial role in developing policies and strategies for growth.

Regulatory and Operational Updates

The company made an incremental provision of ₹0.41 crores during Q3FY26 towards the estimated impact of the four Labour Codes notified by the Government of India on November 21, 2025. Under the Employee Stock Options Scheme 2021, the company allotted 8,07,400 equity shares to the Monarch Networth Capital Limited Employees Welfare Trust during the nine months ended December 31, 2025.