Muthoot Finance (MUTHOOTFIN) — Board Meeting

Muthoot Finance's postal ballot resulted in two special resolutions passing with overwhelming shareholder approval. George Joseph was appointed as Non-Executive Independent Director with 99.96% affirmative votes (37.42 crores shares). The board's borrowing power under Section 180(1)(c) was increased to ₹2 lakh crores, approved by 99.56% of voting shareholders (37.27 crores shares). Both resolutions exceeded the required special resolution majority threshold through e-voting conducted April 30–May 29, 2025.

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About Muthoot Finance Limited (MUTHOOTFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,32,942.27 Cr P/E: 26.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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