New independent director appointed, one re-appointed, tax auditor named
MUTHOOTCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Muthoot Capital Services has appointed Ms. Manimekhalai A, former MD and CEO of Union Bank of India with over 30 years in banking, as a Non-Executive Independent Director for 5 years from July 16, 2026. Mrs. Shirley Thomas, ex-State Bank of India Senior VP, was re-appointed as Independent Director for a second consecutive 5-year term starting November 25, 2026. Both appointments require shareholder approval by Special Resolution. K. Venkatachalam Aiyer and Co, Chartered Accountants, was also appointed as Tax Auditor for FY 2026-27.
Routine board strengthening with two senior banking veterans; tax auditor appointment is standard compliance. Neutral to mildly positive for governance.