Muthoot Capital Services Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting
05-08-2025 | 10:14 pm
05-08-2025 | 10:14 pm
Muthoot Capital Services' board meeting saw approval of financial results for Q1 FY26, reporting a net loss of ₹4.67 crore. Total income for the quarter stood at ₹147.50 crore. Gross NPAs rose to 5.76% and Net NPAs to 2.70%. The company recently raised ₹125 crore via debentures, fully utilized for on-lending. Key appointments included a new Tax Auditor. Shareholders will vote on appointing Secretarial Auditors, continuing an Independent Director, and revising a Whole-Time Director's remuneration at the AGM on September 19, 2025. The company also confirmed strong asset cover for its debt.
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