Announced Mon, 31 Aug · 16:04 IST
New Head of Credit appointed at Muthoot Capital Services, previous head resigns
MUTHOOTCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹247.45
prior close
₹248.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.3+1.0+0.0-2.6-1.1-2.1-3.4-5.4-6.6————
Up moveDown movePending
AI summary
Muthoot Capital Services announced that Mr. Ajay Muchhal resigned as Head of Credit effective end of business on August 31, 2026, citing personal reasons. Ms. Vidya Awasthi has been appointed as the new Head of Credit from September 02, 2026. She brings over 19 years of experience in banking and credit risk, with prior roles at Sundaram Finance, ICICI Bank, HDFC Bank and CredRight Finance.
Likely market impact
Routine senior management change. New appointee brings 19 years of credit risk experience which may strengthen the lending and underwriting function.