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The company is deposit-taking NBFC & part of Muthoot Group. The group has established a strong reputation and brand in India, particularly in South India. The promoters have more than 30 years of experience in the lending business.The company started its business in 2-wheeler financing in 1998 and since then expanded into financing used cars, consumer durables, and small-ticket business loans.
Muthoot Capital Services' promoters have unpledged 1,000,000 shares. This transaction reduces the total pledged promoter shares from 51.05% to 45.18% of the company's paid-up capital. This move signals improved financial health and reduces potential overhang from pledged shares, a positive development for investors.
Muthoot Capital Services Limited: Promoters Thomas John Muthoot, Thomas George Muthoot, and Thomas Muthoot have placed 83,39,242 shares, cumulatively representing 50.7% of the company's total share capital, under a Non-Disposal Undertaking. This event occurred on October 13, 2025, and is a condition tied to the company's planned issuance of non-convertible...