Morarka Finance Ltd — Important, 23-04-2026: Company Update

Morarka Finance's board has adopted the financial results for the quarter and year. The board proposed a dividend of Rs. 1.5 per equity share (15%), pending shareholder approval at the upcoming Annual General Meeting. Mr. Pranay G. Morarka ceased as CEO and was appointed Managing Director for five years, recognizing his pivotal role in strategic growth since 2014. Additionally, Ms. Kalluri Savitha Rao resigned as a Non-Executive Director, leading to a committee reconstitution. Mr. Satyaprakash Maheshwari was appointed as the new Internal Auditor.