Muthoot Microfin: Promoter Group Restructures Shareholding

Muthoot Microfin Ltd has filed a disclosure regarding substantial acquisition of shares and takeovers under SEBI regulations. The transactions involve initial transfers of Muthoot Fincorp Limited (MFL) equity shares via gift to spouses (Phase I), followed by settlement of these shares into various trusts (Phase II). Mrs. Preethi John Muthoot, Mrs. Nina George, and Mrs. Remmy Thomas acquired shares, increasing their stakes and reducing the original holders' shareholding. Subsequently, promoter and promoter group members settled a significant portion of MFL shares (66.76%) into their respective trusts. This restructuring is pursuant to a SEBI exemption order. Importantly, the total shareholding of the Promoter and Promoter group in Muthoot Microfin Limited (MML) remains unchanged.