Monarch Networth Capital board okays 5-for-1 stock split of Rs 10 shares

• Type of action: Sub-division/split of equity shares
• Existing face value: Rs.10/- (Rupees Ten only) per equity share, fully paid-up
• New face value: Rs. 2/- (Rupees Two only) per equity share, fully paid-up
• Split ratio: Each existing equity share of face value Rs.10/- will be split into 5 (Five) equity shares of face value Rs. 2/-
• Status: Approved by the Board as a proposal, subject to shareholder approval through Postal Ballot and other required approvals

The filing states that the Board of Directors has "approved the proposal for sub-division/split of each existing equity share of the Company having a face value of Rs.10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares having a face value of Rs. 2/- (Rupees Two only) each, fully paid-up, subject to the approval of the shareholders of the Company through Postal Ballot and such other statutory and regulatory approvals as may be required under applicable laws."

The Board has also cleared a related change to the company’s charter. As per the same outcome letter, it "has also approved the consequential alteration of the Capital Clause of the Memorandum of Association of the Company to give effect to the proposed sub-division/split, subject to the approval of the shareholders and compliance with the applicable provisions of the Companies Act, 2013, and the SEBI Listing Regulations."

The attached filing does not specify a record date or ex-date for the stock split. It only states that shareholder approval will be sought by way of Postal Ballot through remote e-voting. The Postal Ballot notice, along with the explanatory statement and the schedule and procedure for remote e-voting, will be circulated later.

This means that, based on the current disclosure, investors do not yet have a fixed record date to determine eligibility for receiving the split shares. That date is expected to be communicated in the forthcoming Postal Ballot notice and subsequent exchange filings.

In section 3 of the board’s outcome letter, the company states that it will seek shareholder approval via Postal Ballot (remote e-voting only) for two ordinary resolutions:

1. "To approve sub-division/split of equity shares of the Company" (Ordinary Resolution)
2. "Approval for alteration of the Capital Clause of the Memorandum of Association of the Company consequent to the proposed sub-division/split." (Ordinary Resolution)

The company adds that the Postal Ballot Notice, explanatory statement and other requisite details "will be disseminated to the shareholders and submitted to the Stock Exchanges in due course, in accordance with the applicable provisions of law."

Alongside the stock split proposal, the Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, together with the Limited Review Reports issued by M/s M S K A & Associates LLP, Chartered Accountants and Statutory Auditors of the Company. These are enclosed as Annexure A to the filing.

The board meeting commenced at 12:35 P.M. and concluded at 3:20 P.M., as disclosed in the outcome letter.

For now, investors tracking "Monarch Networth Capital stock split" should note that the sub-division is at the proposal stage, with detailed timelines, including the record date, to follow in subsequent Postal Ballot and exchange communications.