Filter announcements
Loading...
Monte Carlo Fashions Ltd is engaged in manufacturing of designer woollen/ cotton readymade apparels and trading of readymade apparels and other products under its brand "Monte Carlo" which has also been recognized as a "Superbrand".
Monte Carlo Fashions will hold its 18th Annual General Meeting. Shareholders can access the Annual Report online. A record date is set for dividend eligibility. Investors must update KYC details for electronic dividend credit, especially for physical shares.
Monte Carlo Fashions' board approved Q1 financial results, reporting ₹149.04 Cr revenue and a ₹(23.42) Cr consolidated loss. Key directors, including CMD, were re-appointed. The company will invest ₹30 Cr in its wholly-owned solar energy subsidiary for project development.
Monte Carlo Fashions boosted investment in its wholly-owned solar energy subsidiary by 0.40 Cr, totaling 0.50 Cr. This subsidiary is developing solar power generation projects from Letters of Award under the PM KUSUM-C Scheme.
Monte Carlo Fashions incorporated MCFL Energy Projects Private Limited, a wholly-owned subsidiary. This new entity will undertake solar power generation and project execution, notably for awards under the PM KUSUM-C scheme. Authorized capital stands at 0.1 Cr, signaling entry into renewable energy.
Monte Carlo Fashions is establishing a wholly-owned subsidiary for its 35 MW (AC) solar power projects in Madhya Pradesh. This strategic move aims to streamline and focus on the company's renewable energy ventures.