MUTHOOTMFNSEMuthoot Microfin LimitedMediumNeutral
Announced Thu, 8 May · 19:10 IST

Muthoot Microfin Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

MUTHOOTMF · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Muthoot Microfin approved the appointment of M/s. SEP & Associates, Company Secretaries based in Ernakulam (Kochi), as the company's Secretarial Auditor on May 8, 2025. The appointment is for a period of five years starting from Financial Year 2025-26, and is subject to shareholder approval at the next Annual General Meeting. The appointment is being made to comply with Regulation 24A of the SEBI Listing Regulations. SEP & Associates is a peer-reviewed firm by the Institute of Company Secretaries of India, with offices in Kochi, Chennai, Bangalore, and Mumbai, and has no disciplinary actions against it. The firm is not related to any of the company's directors.

Likely market impact

This is a routine regulatory compliance appointment and is unlikely to have any material impact on the stock price or shareholders. It reflects the company meeting its secretarial audit requirements under SEBI rules.