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Monarch Networth Capital’s Statutory Auditor Converts to LLP, Engagement Unchanged

Story Highlights
  • Monarch Networth Capital’s statutory auditor M S K A & Associates has converted into an LLP and is now known as M S K A & Associates LLP.
  • The company confirmed this is only a constitutional change and the LLP will continue as statutory auditor for the rest of the approved tenure.
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Monarch Networth Capital’s Statutory Auditor Converts to LLP, Engagement Unchanged

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Monarch Networth Capital Limited ( (IN:MONARCH) ) just unveiled an announcement.

Monarch Networth Capital Limited has announced a change in the legal constitution of its statutory audit firm, M S K A & Associates, which has been converted into a Limited Liability Partnership (LLP) under the Limited Liability Partnership Act, 2008, and will now operate as M S K A & Associates LLP, Chartered Accountants. The company clarified that this is purely a structural change at the auditor’s end, with no alteration to the existing audit engagement, and the newly constituted LLP will continue as the statutory auditor for the remainder of the approved tenure, signalling continuity and stability in the company’s audit oversight for stakeholders.

More about Monarch Networth Capital Limited

Monarch Networth Capital Limited operates in the financial services sector, providing capital markets and related investment services to clients and is listed on both BSE and NSE under the symbol MONARCH.

Average Trading Volume: 1,923

Technical Sentiment Signal: Hold

Current Market Cap: 23.57B INR

For detailed information about MONARCH stock, go to TipRanks’ Stock Analysis page.

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