Morarka Finance Regulatory Approval
Morarka Finance has received RBI approval for the appointment of Mr. Pranay G. Morarka as the Managing Director of the company.
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Morarka Finance has received RBI approval for the appointment of Mr. Pranay G. Morarka as the Managing Director of the company.
Morarka Finance plans to apply for NBFC deregistration following new RBI guidelines. The company intends to operate as an Unregistered Type I NBFC.
Morarka Finance Ltd reported revenue from operations of ₹0.6 Cr (+200.0% YoY) and net profit of ₹0.4 Cr (+300.0% YoY) for Q1 FY27.
Morarka Finance board approved unaudited financial results for the quarter ended June 30, 2026. The board also approved seeking RBI de-registration to become an Unregistered Type I NBFC.
Morarka Finance shareholders approved the appointment of Mr. Pranay G. Morarka as Managing Director. His five-year term is effective from April 24, 2026.
Morarka Finance Limited held its 41st AGM on July 15, 2026. Shareholders transacted business including dividend declaration and appointment of Mr. Pranay G. Morarka as Managing Director.
Morarka Finance scheduled a board meeting on July 21, 2026. The board will consider Q1 FY27 financial results and RBI de-registration plans.