<h1>Thomas Mathew Resigns as Independent Director of Muthoot Capital Services Limited</h1>
Independent Director Thomas Mathew has resigned from his position at Muthoot Capital Services Limited, effective July 7, 2026. The resignation comes after a careful consideration by Mr. Mathew, who cited personal reasons and reaching the age of 75 years as the basis for stepping down from the Board.
Mr. Mathew's departure means he will also cease serving in several key roles within the company structure. His responsibilities included serving as the Chairman of the Audit Committee and a member of multiple significant committees, including the Nomination and Remuneration Committee, the Stakeholder Relationship Committee, the Risk Management Committee, and the Corporate Social Responsibility Committee.
The resignation was tendered following careful deliberation regarding his tenure with Muthoot Capital Services Limited. Mr. Mathew confirmed that there are no other material reasons for his decision to step down from the Board of Directors.
This announcement details the cessation of services for Mr. Thomas Mathew as an Independent Director, bringing closure to his service on the board of directors of Muthoot Capital Services Limited.
MUTHOOTCAP Stock Price Movement
Muthoot Capital Services Limited shares settled higher today, concluding at ₹217.81 after gaining 1.15%. The stock saw a total traded volume of 15,149 shares in the post-market trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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