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Muthoot Finance LimitedJV/Acquisition, 13-08-2025: Acquisition

13-08-2025 | 07:59 pm

Muthoot Finance's Board has approved an additional equity infusion of Rs. 200 Cr into Muthoot Homefin (India) Limited, its wholly-owned housing finance subsidiary. This move aims to significantly strengthen Homefin's capital base and improve its capital adequacy ratio, bolstering its lending capacity. Muthoot Homefin reported turnovers of Rs. 98.34 Cr (FY24-25), Rs. 198.89 Cr (FY23-24), and Rs. 138.84 Cr (FY22-23). This strategic capital injection supports the growth of Muthoot's presence in the housing finance sector, enhancing its financial stability and operational reach.

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