Monarch Networth Capital has informed that Monarch Networth Capital (MNCL, the Company) being the Investment Manager and Sponsor of Monarch AIF (Alternative Investment Fund) - Category III, a SEBI registered fund as defined under Securities Exchange Board of India (Alternative Investment Funds) Regulations, 2012, has invested a sum of Rs 10 Crores in a scheme of Monarch AIF; MNCL CAPITAL COMPOUNDER FUND-I ('the Fund') for a period of 3 years (which can be extended by up to 2 years) and the same has been approved by the board in its meeting held today i.e. Tuesday, 23rd August, 2022 at 12.30 pm. MNCL Capital Compounder Fund-I recently raised a sum of Rs 252.15 Crores through its own distribution network.
The above information is a part of company’s filings submitted to BSE.
