Monarch Networth Capital Ltd

With reference to your email dated 06/03/2023 on the subject thereby seeking our clarification on the price movement in the security of Monarch Networth Capital Limited (Company) we would like to inform you that the Company has duly and promptly made necessary disclosures to the stock exchanges regarding all material information and events which might have a bearing on the operations/ performance of the company including necessary disclosures prescribed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) within the stipulated timelines and the Company has not withheld any material information/event that in our opinion would have bearing on the price behavior of the scrip of the Company.You are requested to take the same on record.