Independent Director Thomas Mathew resigns citing personal reasons

Mr Thomas Mathew, Independent Director and Chairman of the Audit Committee, has resigned from Muthoot Capital Services effective July 7, 2026. He also steps down from the Nomination and Remuneration Committee, Stakeholder Relationship Committee, Risk Management Committee, and CSR Committee. In his letter, he said having attained 75 years of age, he decided this was the right time to step down, calling the decision purely personal. He holds no other listed company directorships and confirmed there are no other material reasons for his exit.