Monarch Networth Capital Announces Final Dividend and Sets Record Date
Monarch Networth Capital Limited has announced a final dividend for its shareholders, fixing the record date for entitlement based on the company's recent board meeting proceedings.The Board of Directors, during a meeting held on Friday, May 15, 2026, recommended a final dividend of ₹ 1 per equity share. The equity shares have a face value of ₹ 10 each. This dividend is subject to approval by the shareholders at the forthcoming Annual General Meeting (AGM).
The company has designated Friday, August 21, 2026, as the Record Date for determining members who are entitled to receive the final dividend for the financial year ended March 31, 2026.
Should the dividend recommended by the Board be approved at the ensuing AGM, payment will be made after the meeting and is subject to tax deduction at source. The company outlined two categories for dividend entitlement.
Beneficiaries in dematerialized form must be registered as per data available from the National Securities Depository Limited and the Central Depository Services (India) Limited as of the close of business hours on August 21, 2026. Similarly, members holding shares in physical form will receive payment provided valid transmission or transposition requests are lodged with Monarch Networth Capital Limited before the closing of business hours on the record date.
MONARCH Stock Price Movement
Monarch Networth Capital Limited shares today slipped by 4.73% to settle at ₹376.25, amid pressure from intraday trading. The stock recorded a volume of 473,768 shares as it closed for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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