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.

Muthoot Finance Limited (NSEI:MUTHOOTFIN) completed the acquisition of additional 2.63% stake in Belstar Microfinance Limited for approximately INR 720 million on April 17, 2024. Muthoot Finance acquired 1.442203 million shares in Belstar Microfinance.