Outcome of Postal Ballot-Scrutnizers Report
MUTHOOTFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Muthoot Finance Ltd has successfully passed a Special Resolution through Postal Ballot to alter the Object Clause of its Memorandum of Association. The resolution was approved by shareholders with an overwhelming 99.99% majority, with 37,44,43,882 votes in favour and only 4,447 votes against out of 37,44,48,329 total votes cast. The e-voting period ran from April 16, 2026 to May 15, 2026. The alteration is intended to align the company's MOA with the requirements of the Companies Act, 2013. This is a routine corporate governance and compliance matter.
No material impact on stock price expected as this is a procedural/regulatory compliance change to update the company's constitutional documents. Shareholders have overwhelmingly endorsed the alteration.