
Investment13 Aug 2025, 08:11 pm
Muthoot Finance Infuses Additional Rs. 500 Crores in Wholly-Owned Subsidiary Muthoot Money Limited
AI Summary
Muthoot Finance Limited, a part of The Muthoot Group, has approved an additional equity infusion of Rs. 500 Crores in its wholly-owned subsidiary, Muthoot Money Limited. This move aims to strengthen the capital base and improve the capital adequacy ratio of Muthoot Money Limited. Muthoot Money Limited is a Non-Banking Financial Company, headquartered in Kerala, with a history of growth over the last three years. The last three years' turnover of Muthoot Money Limited is as under: Financial Year Turnover (Rs. In millions) 2024-25 429.94 2023-24 126.14 2022-23 44.68
Key Highlights
- Muthoot Finance to infuse additional equity of Rs. 500 Crores in Muthoot Money Limited
- The investment aims to strengthen the capital base and improve the capital adequacy ratio
- Muthoot Money Limited is a wholly-owned subsidiary of Muthoot Finance Limited
- Muthoot Money Limited is a Non-Banking Financial Company
- Muthoot Money Limited has shown consistent growth in the last three years