Muthoot Capital Services Limited — Others, 27-06-2025: Shareholders meeting

Muthoot Capital Services Ltd. has announced the rejection of a special resolution proposing changes to the remuneration terms of Ms. Tina Suzanne George, Whole-Time Director. The resolution failed as 92% of votes cast were against the proposal, primarily from public institutions, indicating strong shareholder opposition. This outcome maintains the current executive pay structure. The voting was conducted entirely through remote e-voting among over 16 million shares, with no participation from promoter groups. The decision is significant for shareholders concerned about executive compensation and governance policies at the company.