Morarka Finance Ltd

📈 Morarka Finance Ltd. Announces Dividend & Key Updates for FY 2025–26

- Recommended dividend of ₹1.5 per equity share (15% of face value ₹10), subject to approval at the 41st AGM on July 15, 2026.

- Record date for dividend eligibility is July 8, 2026; register of members closed from July 9 to July 15, 2026.

- Audited standalone financial results for Q4 and year ended March 31, 2026 approved with unmodified audit opinion.

- Total income for FY 2025–26 was ₹222.19 lakhs, with net profit of ₹143.04 lakhs.

- Mr. Pranay G. Morarka appointed as Managing Director for 5 years from April 24, 2026, subject to shareholder approval; ceased as CEO on the same date.

- Ms. Kalluri Savitha Rao resigned as Non-Executive Director effective April 13, 2026, due to personal and professional priorities.

- Equity share capital remained at ₹450.21 lakhs; reserves increased to ₹11,131.73 lakhs from ₹9,078.50 lakhs in the previous year.

- Cash and cash equivalents stood at ₹11.78 lakhs as of March 31, 2026, up from ₹1.20 lakhs in the prior year.