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Monarch Networth Capital: Clarification On Price Movement

Dear Sir/Madam With reference to your email dated 12/01/2022 on the subject seeking thereby our clarification on the price movement in the security of Monarch Networth Capital Limited in this regard we would like to inform you that the Company has duly and promptly made the necessary disclosures to the stock exchanges regarding all the material information and events which may have a bearing on the operations/ performance of the company including necessary disclosures prescribed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) within the stipulated timelines and it has not withheld any material information/event that in our opinion would have bearing on the price behavior of the scrip of the Company.You are requested to take the same on record.

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