Monte Carlo Fashions Declares ₹20 Final Dividend; Approves FY26 Audited Results
Monte Carlo Fashions approved its audited financial results for FY26. The company recommended a final dividend of ₹20 per share. M/s S. Tandon & Associates were appointed as internal auditors, and Deloitte Haskins & Sells as tax auditors. An investment of up to ₹50 Lakhs was approved for its subsidiary, MCFL Energy Projects.
The dividend declaration and approval of financial results are material information for investors. The appointment of auditors and subsidiary investment are standard corporate actions but contribute to the overall positive sentiment.
The company reported audited financial results and recommended a final dividend, which are positive developments for shareholders. 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 auditor's report from M/s Deloitte Haskins & Sells was unmodified.
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. Additionally, 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.
Furthermore, the Board approved an investment of up to ₹50.00 Lakhs in its wholly-owned subsidiary, MCFL Energy Projects Private Limited, for solar power generation activities. The Board meeting commenced at 12:00 Noon and concluded at 4:00 P.M.
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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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