Overview

• Muthoot Finance's board approved an interim dividend of ₹26 per share for FY2024-25, to be paid within 30 days of April 21, 2025.
• Shareholders eligible for the dividend will be identified based on records as of April 25, 2025.
• The board recommended appointing George Joseph as an independent director, pending shareholder approval.
• A proposal to increase the company’s borrowing limit to ₹2 lakh crore was also put forward, subject to shareholder agreement.
• Following these announcements, Muthoot Finance shares rose 4.2%, closing at approximately ₹2,200, marking a 13.12% gain over six months.