Muthoot Finance Limited (MUTHOOTFIN) — Board Meeting | 2 September 2025(4 announcements)

Muthoot Finance Limited appointed M/s KSR & Co, Company Secretaries LLP as its new Secretarial Auditor, effective August 30, 2025. Shareholders approved the appointment at the 28th Annual General Meeting for a 5-year term covering financial years ending March 2026–2030. KSR & Co is a full-service firm with ICSI peer review certification and has won national awards for secretarial audit excellence.

Muthoot Finance Limited's shareholders approved an amendment to Article 100 of the Articles of Association at the 28th Annual General Meeting on August 30, 2025. The maximum board size has been increased from 15 to 16 directors. This structural change enables the company to expand its board composition while maintaining governance flexibility, with the minimum threshold remaining at three directors.

Muthoot Finance's 28th AGM (August 30, 2025) approved three director changes: appointment of retired IAS officer Koodathumuriyil Verghese Eapen as Non-Executive Independent Director from October 1, 2025 (3-year term); re-appointment of Chamacheril Abraham Mohan as Independent Director for a second consecutive 5-year term; and re-appointment of Alexander George as Whole-Time Director for 5 years effective September 30, 2025. All appointees confirmed as not debarred by SEBI.

Muthoot Finance held its 28th AGM on August 30, 2025, with 93.84% voting participation (376.74 million shares). All nine resolutions passed with substantial majorities, including adoption of FY2025 financials, board appointments, and governance changes. Alexander George was re-appointed as Whole Time Director for 5 years (effective September 30, 2025) with 89.77% support, though facing meaningful opposition on board expansion and structural measures. Promoters showed unified backing across all resolutions.