Morarka Finance Ltd is engaged in the business of Portfolio Management and other financial activities.Registration: Company is registered as a Non-Banking Financial Institution (NBFC) under Reserve Bank of India.
Morarka Finance has received a significant update regarding its leadership. The Reserve Bank of India (RBI) has approved the appointment of Mr. Pranay G. Morarka as the company's Managing Director. This approval follows the necessary shareholder consent obtained at the 41st Annual General Meeting. With this, Morarka Finance has secured...
Morarka Finance reported its unaudited financial results for the quarter ended June 30. The company recorded a net profit of 0.38 Cr, with total income from operations reaching 0.58 Cr. However, total comprehensive income for the quarter showed a loss of 3.58 Cr, largely due to other comprehensive losses amounting...
Morarka Finance's board adopted Q1 financial results with profit of 0.38 Cr. They approved applying to RBI for deregistration as an NBFC, aiming to operate as an 'Unregistered Type I NBFC,' indicating a strategic business shift.
