Muthoot Finance Ltd

Muthoot Finance announced that the Board of Directors of the Company at its meeting held on 21 April 2025, inter alia, have recommended the interim dividend of Rs 26 per equity Share (i.e. 260%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Muthoot Finance has fixed 25 April 2025 as record date for payment of interim dividend of Rs 26 per equity share for FY 2024-25. Powered by Capital Market - Live

The Board of Muthoot Finance at its meeting held on 21 April 2025 has recommended for approval of the shareholders, an increase in the borrowing powers of the Board of Directors under Section 180 (1) (c) of the Companies Act, 2013 for an amount upto Rs. 2 lakh crore. Powered by Capital Market - Live

The Board of Muthoot Finance at its meeting held on 21 April 2025 has recommended appointment of George Joseph (DIN: 00253754) as an Independent Director of the Company. Powered by Capital Market - Live

ICICI Lombard General Insurance Company Ltd, Eureka Forbes Ltd, Vakrangee Ltd and Sheela Foam Ltd are among the other losers in the BSE's 'A' group today, 11 April 2025.Muthoot Finance Ltd crashed 5.88% to Rs 2014.5 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.25 lakh shares were traded on the counter so far as against the average daily volumes of 22308 shares in the past one month.ICICI Lombard General Insurance Company Ltd lost 4.05% to Rs 1712.35. The stock was the second biggest loser in 'A' group.On the BSE, 10340 shares were traded on the counter so far as against the average daily volumes of 10118 shares in the past one month.Eureka Forbes Ltd tumbled 3.79% to Rs 494. The stock was the third biggest loser in 'A' group.On the BSE, 9549 shares were traded on the counter so far as against the average daily volumes of 11856 shares in the past one month.Vakrangee Ltd slipped 3.38% to Rs 10.01. The stock was the fourth biggest loser in 'A' group.On the BSE, 13.94 lakh shares were traded on the counter so far as against the average daily volumes of 25.14 lakh shares in the past one month.Sheela Foam Ltd plummeted 3.11% to Rs 658.35. The stock was the fifth biggest loser in 'A' group.On the BSE, 2429 shares were traded on the counter so far as against the average daily volumes of 28159 shares in the past one month.Powered by Capital Market - Live

The Nifty April 2025 futures closed at 22,504, a premium of 104.85 points compared with the Nifty's closing at 22,399.15 in the cash market. In the cash market, the Nifty 50 fell 136.70 points or 0.61% to 22,399.15. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 4.83% to 21.43. Muthoot Finance, State Bank of India and Infosys were the top traded individual stock futures contracts in the F&O segment of the NSE. The April 2025 F&O contracts will expire on 24 April 2025. Powered by Capital Market - Live

Loans against the collateral of gold jewellery and ornaments, commonly known as gold loans, are extended by regulated entities for both consumption and income-generation purposes. In order to harmonise guidelines across various types of regulated entities, to the extent possible, keeping in view their differential risk-bearing capabilities, we shall issue comprehensive regulations on prudential norms and conduct related aspects for such loans, said RBI Governor Sanjay Malhotra during his policy address today. In response to the announcement, Muthoot Finance shares dropped 4.75%, IIFL Finance declined 2.37%, and Manappuram Finance slid 1.46%. This development was announced in conjunction with a broader monetary policy adjustment. The RBI reduced the key policy repo rate by 25 basis points to 6%, marking its second consecutive rate cut, and shifted its policy stance from neutral to accommodative. Powered by Capital Market - Live

Muthoot Finance has fixed 25 April 2025 as record date for interim dividend for FY 2024-25. Powered by Capital Market - Live

Muthoot Finance will hold a meeting of the Board of Directors of the Company on 21 April 2025.Powered by Capital Market - Live

Moody's Ratings has upgraded the Long Term issuer rating of Muthoot Finance to 'Ba1' with 'Stable' Outlook from 'Ba2' with 'Stable' Outlook. Powered by Capital Market - Live