MUTHOOTFINNSEMuthoot Finance Limited· FinanceHighPositive
Announced Fri, 10 Apr · 16:43 IST

Muthoot Finance Limited has informed the Exchange that Board of Directors at its meeting held on April 10, 2026, declared Interim Dividend of Rs. 30 per equity share.

Corporate Actions View source PDF

MUTHOOTFIN · price

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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹3568.10
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₹3499.00
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AI summary

Muthoot Finance Limited's Board of Directors declared an interim dividend of Rs. 30 per equity share (300%) for Financial Year 2025-26. The record date for determining shareholder eligibility is April 17, 2026. The dividend will be paid to shareholders within 30 days from the date of declaration. Additionally, the Board decided to seek shareholder approval to amend the Memorandum of Association to include insurance corporate agency business as a new line of operation.

Likely market impact

The interim dividend of Rs. 30 per share represents a significant payout for shareholders. The proposed entry into insurance corporate agency business signals potential diversification beyond the company's core gold lending operations.