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Monarch Networth Capital Ltd - Investment By Company In MNCL Capital Compounder Fund
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22 Oct 2020
With regards to captioned subject matter and with regards to the provisions of Regulation 30 of SEBI (LODR) Regulation, 2015, this is to inform you that Monarch Networth Capital Ltd (MNCL, &quot;the Company&quot;) being the Investment Manager and Sponsor of Monarch AIF (Alternative Investment Fund) - Category III, a SEBI registered fund as defined under Securities Exchange Board of India (Alternative Investment Funds) Regulations, 2012, has invested a sum of Rs. 5 Crores in a scheme of Monarch AIF i.e. MNCL CAPITAL COMPOUNDER FUND (&apos;the Fund&apos;) for a period of 3 years (which can be extended by upto 2 years) and the same has been approved by the board in its meeting held on today i.e. Thursday, 22nd October, 2020 at 2.30 pm. MNCL CAPITAL COMPOUNDER FUND is a Category 3 long only AIF Equity fund which is launched by Monarch AIF.&lt;BR&gt; &lt;BR&gt; &lt;BR&gt; This is for your information and please take this on your record.
View all announcements for Monarch Networth Capital Ltd Source: BSE India