Muthoot Finance Limited (NSEI:MUTHOOTFIN) agreed to acquire additional 2.63% stake in Belstar Microfinance Limited for INR 750 million on February 14, 2024. Prior to the transaction, Muthoot Finance Limited held 63.5%. The transaction has been approved by board of Muthoot Finance Limited.

As of March 28, 2024, Muthoot Finance completed the acquisition of 0.36% stake.