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Monarch Networth Capital Approves ₹59 Crore Investment in Subsidiary

Monarch Networth Capital Limited

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January 12, 2026, 10:02 AM

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Monarch Networth Capital Limited (MONARCH) announced today, January 12, 2026, that its Management Committee of the Board of Directors has approved an investment of up to ₹59 crores in its wholly-owned subsidiary, Monarch Networth Asset Management Private Limited. This investment will be made through a subscription to a rights issue of 1,00,00,000 equity shares at an issue price of ₹59 per share, including a premium of ₹49 per share.

Monarch Networth Asset Management Private Limited, incorporated on August 28, 2025, will engage in raising and managing funds for mutual funds, offshore funds, insurance funds, unit trusts, and venture capital funds. As it is a newly incorporated entity, historical turnover data is not applicable. The subsidiary is a related party to Monarch Networth Capital Limited, and the transaction is considered an arm's length transaction.

The company also disclosed that the authorised and subscribed capital of the subsidiary will be increased in due course to comply with SEBI (Mutual Funds) Regulations, 1996.

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