Muthoot Finance Limited (NSEI:MUTHOOTFIN) agreed to acquire additional 2.05% stake in Belstar Microfinance Limited for INR 430 million on August 11, 2023. As per the transaction, Muthoot Finance Limited will acquire 1 million shares of Belstar Microfinance Limited. The transaction is approved by board of directors of Muthoot Finance Limited and is expected to close in one month.