Munoth Financial Services Approves In-Principle DP Business Transfer

Board granted in-principle approval to transfer and migrate Depository Participant business and client accounts to an eligible DP, citing low viability, to focus on core. DP unit contributed Rs 317.26k, 7.67% of FY revenue of Rs 4138.42k. Transferee, consideration pending NSDL/SEBI approvals; no shareholder approval needed.