Re: Allotment of Equity Shares upon exercise of ESOPs
Nomination and Remuneration Committee (NRC) of the Board of Directors of Muthoot Finance Limited through a circular resolution passed on December 26, 2022, has allotted 11,045 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. Post allotment, the Company's paid-up capital will be increased from Rs. 4,01,43,62,510 consisting of 40,14,36,251 equity shares of Rs. 10/- each to Rs. 4,01,44,72,960 consisting of 40,14,47,296 equity shares of Rs. 10/- each.
Thank You,
For Muthoot Finance Limited
George Alexan der
Digitally signed by George Alexander Date: 2022.12.26 16:43:24 +05'30'
George Alexander Muthoot
Managing Director
DIN: 00016787
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Muthoot Finance Ltd. published this content on 26 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2022 11:20:12 UTC.
Muthoot Finance Limited is an India-based gold financing company. The Company is a non-deposit taking, non-banking financial company, which is engaged primarily in the business of financing. It provides personal and business loans secured by gold jewelry. It lends against security of household used gold ornaments (HUGO) and does not deal in gold bullion. Its gold loan schemes include Muthoot One Percent Loan, Muthoot Ultimate Loan, Muthoot Delight Loan, Muthoot EMI Scheme, Muthoot Mudra Loan, Muthoot Advantage Loan, Muthoot High Value Loan Plus, Muthoot High Value Loan and Muthoot Big Business Loans. Its core offering is gold loans; however, the Company offers a range of other products and services to its customers, which includes foreign inward money transfer services, domestic money transfer services, instant money transfer services, microfinance, non-convertible debentures, home loans, personal loans, corporate loans, foreign exchange services and insurance services, among others.