Monarch Networth Capital Limited has notified stock exchanges regarding a constitutional change in its statutory auditor firm structure. The company submitted this regulatory disclosure to BSE Limited and National Stock Exchange of India Limited on January 16, 2026.

Auditor Firm Conversion Details

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has undergone a structural transformation by converting into a Limited Liability Partnership (LLP). This conversion took place under the Limited Liability Partnership Act, 2008, with effect from January 13, 2026.

Continuity of Auditor Services

The firm communicated this constitutional change to Monarch Networth Capital Limited through a formal letter dated January 14, 2026. Company Secretary and Compliance Officer Nitesh Tanwar clarified that this represents solely a change in the firm's constitution without any modification to the existing auditor engagement terms.

M S K A & Associates LLP will continue serving as the statutory auditor for Monarch Networth Capital Limited throughout the remaining period of their approved tenure. The auditor-client relationship remains unchanged despite the firm's structural conversion.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both major stock exchanges about this development. The notification ensures transparency regarding the auditor firm's constitutional change while confirming the continuity of statutory audit services for shareholders and regulatory authorities.

Monarch Network Capital Limited has announced a substantial investment of ₹59.00 crores in its wholly-owned subsidiary through a rights issue approved by the Management Committee of the Board of Directors on January 12, 2026. The investment demonstrates the company's commitment to strengthening its asset management capabilities and expanding its presence in the fund management sector.

Investment Structure and Details

The Management Committee approved the investment in Monarch Network Asset Management Private Limited through a comprehensive rights issue structure. The transaction involves the subscription of up to 1,00,00,000 equity shares of ₹10.00 each at an issue price of ₹59.00 per equity share, which includes a premium of ₹49.00 per share.

Subsidiary Company Profile

Monarch Network Asset Management Private Limited operates as a wholly-owned subsidiary with a focused mandate in fund management and advisory services. The subsidiary was incorporated on August 28, 2025, under the Companies Act, 2013, with CIN U66301MH2025PTC455601 and maintains its registered office in Maharashtra.

Business Operations and Regulatory Compliance

The subsidiary's primary business activities encompass raising and acquiring funds, managing and acting as managers, consultants, advisors, administrators, attorneys, agents, or representatives for various investment vehicles. These include mutual funds, offshore funds, insurance funds, unit trusts, venture capital funds, and investment funds.

The company has indicated that both the authorised and subscribed capital will be further increased to meet the requirements of the SEBI (Mutual Funds) Regulations, 1996. As a newly incorporated entity, turnover information is not applicable for the subsidiary.

Related Party Transaction Framework

The investment constitutes a related party transaction as the subsidiary is wholly-owned by Monarch Network Capital Limited. The company has disclosed that promoters, promoter groups, and group companies have no additional interest in this transaction beyond the existing corporate structure. The investment will be made through cash consideration rather than share swap or other forms of payment.

Regulatory Compliance and Disclosure

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Management Committee meeting concluded at 1:55 PM on January 12, 2026, with comprehensive disclosures provided as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. No governmental or regulatory approvals are required for this acquisition, streamlining the investment process.