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Muthoot Finance Declares ₹30 Interim Dividend!
10 Apr
Summary
- Muthoot Finance board approved interim dividend of ₹30 per equity share.
- Shareholders registered by April 17, 2026, are eligible for the payout.
- Company seeks approval to enter the insurance corporate agency business.
Muthoot Finance has announced an interim dividend of ₹30 per equity share for the fiscal year 2025-26. The company's board of directors approved this payout on April 10, 2026. Shareholders whose names appear on the company's records by the close of business on April 17, 2026, will be eligible.
This interim dividend is scheduled to be paid to eligible shareholders within 30 days of its declaration. The company is also seeking shareholder consent to revise its memorandum of association. The proposed amendment would permit Muthoot Finance to engage in insurance corporate agency business.
Muthoot Finance has reported robust business performance and growth, with its managing director anticipating continued strength. The company had previously raised its full-year growth forecast to 30-35%, driven by strong demand for gold loans and stricter terms for unsecured credit. Assets under management saw a 23% increase in the first half of the year.
