MUTHOOTCAPNSEMuthoot Capital Services LimitedMinimalNeutral
Announced Tue, 31 Mar · 18:25 IST

Muthoot Capital Services Limited has informed the Exchange regarding Appointment of M/s. KPMG Assurance and Consulting Services LLP as Information Systems Auditor of the company for FY 2025-26.

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AI summary

Muthoot Capital Services has appointed M/s. KPMG Assurance and Consulting Services LLP as its Information Systems (IS) Auditor for Financial Year 2025-26. The appointment was made by the Board of Directors on March 31, 2026, based on the recommendation of the Audit Committee. KPMG, part of the global Big 4 professional services network, brings expertise in IS audit, cybersecurity assessments, IT controls reviews, and regulatory compliance audits, with significant experience serving banks, NBFCs, and financial institutions. The disclosure has been made to the exchanges under SEBI Listing Regulations.

Likely market impact

This is a routine corporate governance disclosure with no material impact on shareholders. Appointing a Big 4 firm like KPMG for IS audit reinforces the company's commitment to robust IT governance and cybersecurity standards, which is reassuring for an NBFC operating in a data-sensitive financial services environment.