Monte Carlo Fashions approves FY26 results, recommends ₹20 final dividend.
Monte Carlo Fashions approved audited financial results for FY26. Recommended a final dividend of ₹20 per share. Appointed S. Tandon & Associates as Internal Auditors and Deloitte Haskins & Sells as Tax Auditors. Approved investment up to ₹50 Lakhs in subsidiary MCFL Energy Projects.
The recommendation of a final dividend and the approval of financial results are material information for investors. The appointments and subsidiary investment are standard corporate actions.
The company reported audited financial results and recommended a final dividend, which are positive developments. The appointment of auditors and approval of subsidiary investment are routine corporate actions.
Monte Carlo Fashions Limited announced the outcome of its Board Meeting held on May 18, 2026. The Board considered and approved the Standalone and Consolidated Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The company reported an unmodified Auditor's Report from M/s Deloitte Haskins & Sells.
Additionally, the Board recommended a final dividend of ₹20 per equity share (200%) for the Financial Year 2025-2026, subject to shareholder approval at the upcoming Annual General Meeting.
In other key decisions, the company appointed M/s S. Tandon & Associates as Internal Auditors for FY 2026-27 and M/s Deloitte Haskins & Sells as Tax Auditors for FY 2025-26. The Board also approved an investment of up to ₹50.00 Lakhs in the equity shares of its wholly-owned subsidiary, MCFL Energy Projects Private Limited.
The Board meeting commenced at 12:00 Noon and concluded at 04:00 PM.
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Monte Carlo Fashions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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