Explanation:

Queen Victoria's Proclamation – November 1, 1858. On November 1, 1858, a grand Darbar was held at Allahabad. Here Lord Canning sent forth the royal proclamation which announced that the queen had assumed the government of India. This proclamation declared the future policy of the British Rule in India.

East India Company control over India relaxed and Indian territories of Britain were to be governed in the name of the British Queen. The Court of Directors and the Board of Control were scrapped.
The powers of the Company’s Court of Directors were vested with the Secretary of State for India leading to control over Company's governance in India.
It was decided that the remaining Indian princes and chiefs (more than 560 in number) would have their independent status provided they accept British suzerainty.

 Charter act of 1813 ended the monopoly of the East India Company in India, however the company’s monopoly in trade with china and trade in tea was  remained intact. The  Queen Victoria's Proclamation does not led to increase in control over East India company.