MUTHOOTCAP · price
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Muthoot Capital Services has submitted a supplemental Trust Deed for the MCSL Employee Welfare Trust under SEBI regulations. The key change is the replacement of one trustee: Ms. Mini Sureshkumar has been appointed as a trustee, replacing Ms. Chithra U who resigned on April 25, 2025. The trust administers the MCSL Employee Stock Option Scheme 2018 for the benefit of employees. The trust corpus remains Rs. 10,000 and the trust is irrevocable in nature. This is a routine compliance filing required under Regulation 3(3) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This filing has no direct impact on shareholder value or stock price as it pertains to internal ESOP trust administration and a routine trustee change. It maintains regulatory compliance for the company's employee stock option programme.