Morarka Finance Ltd

📈 Morarka Finance Ltd. Announces Key Updates & Appointments

- Board adopted audited standalone financial results for Q4 and year ended March 31, 2026, with unmodified auditor's opinion.

- Recommended dividend of ₹1.5 per equity share (15% of ₹10 face value), subject to shareholder approval at 41st AGM. Record date: July 8, 2026.

- 41st Annual General Meeting scheduled for July 15, 2026, via video conferencing. Register of members closed July 9–15, 2026.

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

- Appointed Mr. Satyaprakash Maheshwari as Internal Auditor for FY 2026-27.

- Appointed Mr. Pranay G. Morarka (DIN: 03272263) as Managing Director (Additional Director) for 5 years from April 24, 2026, subject to shareholder approval. He ceased as CEO effective same date.

- Reconstituted Nomination & Remuneration Committee with Ms. Nina Chatrath as Chairperson, Ms. Divya Rao, Shri Arun Tulsian, and Ms. Priyanka G. Morarka as members.