Resignation of Director

Management Changes View source PDF Explain this filing

MUTHOOTMF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹214.40

prior close

₹217.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-4.8% vs market

Finance peers, median of 406sector · industry level+0.5%-3.7% vs sector

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 3.7 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.5

10m

-2.6

15m

-3.5

30m

-3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2+1.6-4.8+0.5-3.7

Next day

-6.5+1.5-8.0+0.2-6.7

-11.4+0.0-11.4-0.3-11.1

-11.4-3.0-8.3-2.3-9.1

-13.2-2.4-10.8-1.9-11.3

-13.8-2.1-11.7-2.2-11.7

-17.3-3.8-13.5-3.6-13.6

15d

-15.6-0.0-15.5-3.2-12.4

-16.9-1.0-16.0-5.0-12.0

-1.1+6.5-7.6-4.0+2.9

-0.2+10.2-10.3-4.3+4.1

UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 406Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Akshaya Prasad has tendered his resignation as Non-Executive Director of Muthoot Microfin Limited, effective May 6, 2026. The resignation is for personal reasons, as stated in his letter to the Board. The company has submitted the required intimation to BSE and NSE under SEBI LODR Regulations, with Chief Compliance Officer Neethu Ajay filing on behalf of the company. The resignation letter confirms there are no other material reasons beyond personal reasons. The board will need to address the vacancy created by this departure.

Likely market impact

The departure of a Non-Executive Director is a routine governance change with minimal immediate impact on operations. However, investors should monitor for subsequent board composition updates.