Shareholders meeting

MNCL/SE/23/2026-27 Date: September 2, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Fort, Mumbai - 400001 Complex, Bandra (East), Mumbai – 400051 Scrip Code No.: 511551 Symbol - MONARCH Sub: Notice of the 33rd Annual General Meeting and Annual Report for the FY 2025-26 Dear Sir/Madam, Pursuant to Regulations 30, 34 and 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended from time to time, we hereby submit the Annual Report of the Company for the Financial Year 2025- 26, along with the Notice of the 33rd Annual General Meeting (“AGM”). The 33rd Annual General Meeting of the Members of the Company is scheduled to be held on Friday, September 25, 2026 at 12:30 P.M. (IST) at Prominent Corporate Residency, Plush Restaurant & Banquets, Luxury Redefined, B/H Ugati Heights, Kudasan Por Road, Kudasan, Gandhinagar – 382421, Gujarat. In accordance with the applicable provisions of the Companies Act, 2013, the Listing Regulations and the applicable circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”), the Notice of the AGM along with the Annual Report for the Financial Year 2025-26 is being sent electronically to those Members of the Company whose e-mail addresses are registered with the Company/Registrar and Share Transfer Agent/Depository Participants, as applicable. Further, in accordance with Regulation 36(1)(b) of the Listing Regulations, the Company will be sending a letter to those Members whose e-mail addresses are not registered with the Company/Depository Participants, containing the web-link, including the exact path, where the complete Annual Report for the Financial Year 2025-26 is available on the website of the Company. The aforesaid documents are also being made available on the website of the Company at https://www.mnclgroup.com/. This is for your information and records. Yours faithfully, For Monarch Networth Capital Limited Nitesh Tanwar Company Secretary and Compliance Officer M. No. FCS – 10181 Encl: As above Contents 01 CORPORATE OVERVIEW 02 Transforming Aspirations into Tangible Achievements 04 M NCL at a Glance 07 Our Journey 08 Chairman’s Message 11 Key Performance Indicators 12 Strategic Focus 17 Marketing and Branding 20 Business Segment Review 27 Board of Directors 30 Corporate Information 02 STATUTORY REPORTS 31 Notice 53 Board’s Report 79 R eport on Corporate Governance 111 M anagement Discussion and Analysis 117 B usiness Responsibility & Sustainability Report 03 FINANCIAL STATEMENTS 154 Standalone Financial Statements 229 C onsolidated Financial Statements FY 2025-26 Highlights CONSOLIDATED FINANCIALS ` 373.3 CR Total Income 13.8% ` 244.3 CR Profit Before Tax (PBT) 26.8% ` 181.2 CR Profit after Tax (PAT) 21.4% ` 971.4 CR Net Worth 21.9% 20.5% YoY ROE (on avg net worth) TRANSFORMING ASPIRATIONS INTO TANGIBLE ACHIEVEMENTS 02 Annual Report 2025-26 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS BUILDING INDIA’S NEXT GREAT FINANCIAL SERVICES INSTITUTION An aspiration is easy Consider where we started. In FY 2019-20, our profit after tax stood at ` 2 Crore, a business to state. It is much still finding its footing beyond its legacy in retail broking. Today, that number stands at harder to sustain, year ` 181 Crore, a transformation built not on a single breakout year, but on a compounding after year, until the annual growth rate of 108% sustained across six years of disciplined execution. Our net numbers themselves worth has grown to ` 971 Crore. Our revenue begin to tell the story. for FY 2025-26 stood at ` 373 Crore. Our return on equity reached 20.5%. And we have At Monarch Networth achieved all of this while carrying negligible debt on our books, a deliberate choice, not a Capital, we have spent constraint, reflecting the same conservatism that has always governed how we grow. the better part of the These numbers are not the achievement last six years doing itself. They are the evidence of one: that diversifying deliberately, investing in research, exactly that, turning and extending trust-led relationships across broking, institutional equities, investment an ambition to build banking, asset management, and now a diversified, full- portfolio management services, compounds into something durable. stack financial services Building India’s next great financial services institution into a set of institution was never going to happen in a single year. It is happening in this one, and the results that now speak one before it, and the one before that, each year converting aspiration into something we for themselves. can measure, and something our stakeholders can rely on. Monarch Networth Capital Limited 03 MNCL at a Glance From Market We are a diversified financial services company offering integrated solutions Access to across broking, wealth management, capital markets, advisory and other Holistic financial services. Over the years, we have evolved from a retail broking firm Financial into a research-led financial platform, helping individuals, institutions and Solutions businesses navigate an increasingly dynamic financial landscape. Our approach is built on deep market expertise, research-driven insights, technology-enabled execution and personalised client engagement. By bringing multiple financial capabilities under one roof, we deliver seamless solutions that empower our clients to pursue their financial goals with confidence. As we continue to grow, we remain focussed on expanding our capabilities, strengthening client relationships and enhancing our service excellence. Backed by a scalable business model and a disciplined execution approach, we are well positioned to create sustainable long-term value for all our stakeholders. VALUES Monarch Networth Capital Limited stands tall on the pillars of Agility, Balance, Loyalty, and Entrepreneurship. These values are not just words; they are the driving force that sets us apart in the financial landscape. VISION MISSION To be recognised as a As a leading investment pioneer in providing company, we provide financial services quality investment anchored with values solutions and help of Innovation, Trust and our clients build their Diversity. financial security. 04 Annual Report 2025-26 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Immersed in innovation and technological acumen, we lead the way. Our dedication to excellence is showcased through cutting-edge research capabilities, illuminating investment horizons with stock reports that serve as a compass in the complex financial terrain. Your partnership with us isn’t just a journey; it’s a thrilling odyssey into unparalleled possibilities. NAVIGATING POSSIBILITIES: VISIONARY COMMITMENT: INNOVATING WITH PRECISION REDEFINING FINANCE Immerse in our Innovation Hub, where Commit to a financial landscape shaped cutting-edge research and technology by our unwavering dedication to illuminate investment horizons. Innovation, Trust, and Diversity, echoing Partner with us for an odyssey into our core values. unparalleled possibilities. EMPOWERING GROWTH: OUR BEYOND BUSINESS: IMPACTING LIVES CULTURE Monarch Networth believes in the transformative Ignite your journey toward success power of education. We champion child education within Monarch Networth’s enriching initiatives and meaningful CSR activities, reflecting culture, tailored to nurture individual our commitment to the communities we touch. and career advancement. Immerse One significant aspect of our commitment is yourself in our pioneering model, reflected in our support for the education of our boasting a remarkable 45% of our team employees’ children who fall below a specified as co-owners through our Employee income threshold. Recognising the importance Stock Ownership Plan (ESOP). of educ [Showing first 8,000 characters — download PDF for full document]