<h1>Morarka Finance Ltd to Hold Board Meeting to Approve Q1 Results and Discuss NBFC Status Change</h1>
Morarka Finance Ltd has scheduled a meeting of its Board of Directors to consider key corporate matters, including the approval of unaudited financial results for the quarter ended June 30, 2026.
The Board meeting is set to be held on Tuesday, July 21, 2026, and will take place via video conferencing (VC). The agenda includes taking on record and approving the Unaudited Financial Results along with a Limited Review Report for the quarter ended June 30, 2026.
A significant point of discussion during the meeting is the company's regulatory status. Directors are expected to consider obtaining de-registration from the Reserve Bank of India (RBI) and adopting the classification of 'Unregistered Type I NBFC', in alignment with the Reserve Bank of India (Non-Banking Financial Companies Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026.
The company also confirmed that the trading window concerning the Unaudited Financial Results has been closed for all designated persons, including Directors and designated employees and their immediate relatives, following established prohibitions against insider trading.
Stock Price Movement
As of 3:18 PM, Morarka Finance Ltd shares are slipping to ₹60.00, as the stock registers a 5% decline in trading. The shares have seen significant intraday movement, having traded between a high of ₹62.00 and a low of ₹59.55.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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