Muthoot Capital Services Limited — Others, 04-02-2025: Change in Auditors

Muthoot Capital Services Limited has announced a board meeting where Mr. Robin Tommy has been appointed as an Additional Independent Director for five years, effective immediately, pending shareholder approval. Additionally, KPMG will serve as the Information Systems Auditor for FY 2024-25.

This change in directorship and the appointment of a seasoned audit firm are expected to enhance governance and oversight within the company, potentially boosting investor confidence. Mr. Tommy brings 19 years of industry experience, while KPMG's established reputation may ensure rigorous compliance with industry standards. Investors could view these developments as a positive outlook for operational integrity and strategic fortitude.