Monarch Networth Capital declares dividend, expands services after strong year

Monarch Networth Capital Limited has announced a final dividend of ₹1 per equity share (face value ₹10) for the financial year 2024-25, subject to shareholder approval at the Annual General Meeting (AGM). The record date for determining eligible members for this dividend is set for Friday, September 19, 2025, with payment to be made after the AGM.

The company's strategic initiatives for FY 2024-25 included an increase in authorized share capital to ₹100,00,00,000, issuance of 53,60,951 equity shares at ₹560 per share via preferential allotment, and a 1:1 bonus issue of 3,92,30,469 equity shares. Furthermore, the company updated its main objects to include mutual fund-related activities, reflecting a move to expand its financial services portfolio. The company also appointed MUFG Intime India Private Limited as its new registrar and share transfer agent, effective December 30, 2024.

In FY 2024-25, the company's revenue from operations increased to ₹32,238.88 lakhs (standalone) and ₹32,680.49 lakhs (consolidated). Net profit after tax also rose to ₹14,395.16 lakhs (standalone) and ₹14,926.60 lakhs (consolidated).