Morarka Finance Ltd — Important, 23-09-2025: Company Update
23-09-2025 | 04:29 pm
23-09-2025 | 04:29 pm
Morarka Finance has received its updated Certificate of Registration from the Reserve Bank of India, confirming its conversion from a Non-Banking Financial Company (NBFC) Type-II to an NBFC Type-I. This change in registration status reflects a shift in its operational classification. The company clarified that this development will not materially affect its daily operations or financial performance. This update is a procedural step regarding its regulatory standing with the RBI, ensuring continued compliance without direct business impact for shareholders.
No comments yet. Be the first to comment!
