Monte Carlo Fashions incorporates subsidiary

Monte Carlo Fashions Ltd. | Textile | Textiles & Apparels | BSE: 538836 | NSE: MONTECARLO

20 Jan 2026 Evaluate

Monte Carlo Fashions has incorporated Wholly Owned Subsidiary (WOS) of the Company Namely ‘MCFL Energy Projects’ on January 19, 2026. The subsidiary has been incorporated to undertake solar power generation and related activities, including execution of solar PV based power projects pursuant to Letter of Award received from Madhya Pradesh Urja Vikas Nigam (MPUVNL) under the PM KUSUM-C Scheme.

Monte Carlo Fashions manufactures and distributes men’s and women’s apparel. The company manufactures shirts, t-shirts, and sportswear.

Peers

Company Name	CMP
Vardhman Textiles	577.60
Welspun Living	214.65
Arvind	552.40
Raymond Lifestyle	648.00
K.P.R. Mill	1141.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.