Muthoot Finance Approves Interim Dividend and Plans Object Clause Amendment
Muthoot Finance Limited's Board of Directors convened a meeting on April 10, 2026. During this meeting, the Board took several key decisions regarding the company's financial structure and operational scope.The Board of Directors considered and approved the payment of an interim dividend of Rs. 30 (Rupees Thirty) per equity share, representing a 300% payout, for the Financial Year 2025-26.
In addition to the dividend declaration, the Board also decided to seek shareholder approval to amend the main objects clause of the Company's Memorandum of Association. This amendment aims to incorporate a new sub-clause that would enable Muthoot Finance to undertake insurance corporate agency business.
The interim dividend will be distributed to shareholders as they appeared as of the close of business hours on April 17, 2026. Entitlement to the interim dividend is extended to shareholders listed as beneficial owners via the Depositories for shares held in electronic form, and to Members registered in the physical form records of the Company. The payment of the interim dividend is scheduled to occur within 30 days from the date of its declaration.
The board meeting commenced at 03:00 PM IST and concluded at 04:25 PM IST.
MUTHOOTFIN Stock Price Movement
Today, Muthoot Finance Limited shares edged higher to close at ₹3573.9, rising 2.67% in post-market trading. The stock saw strong interest, completing the session with a total traded volume of 850,055 shares.Source:
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