Muthoot Finance, a leading non-banking financial company (NBFC) in India, saw its share price rise by more than 4% on April 21, 2025, following the approval of an interim dividend of ₹26 per share. The company also recommended increasing its borrowing powers to ₹2 lakh crore, signaling strong growth potential.
Muthoot Finance, headquartered in Kerala, India, is one of the largest non-banking financial companies (NBFCs) in the country, offering a wide range of financial services including gold loans, personal loans, and insurance products. On April 21, 2025, the company’s share price rose by over 4% following the announcement that its board had approved an interim dividend of ₹26 per share for the financial year 2024-25.
In addition to the dividend, the board of Muthoot Finance also recommended the appointment of George Joseph as an Independent Director, a proposal that is now awaiting shareholder approval. The board also proposed increasing its borrowing powers to ₹2 lakh crore, which is expected to provide the company with greater flexibility in financing its growth.
The interim dividend, representing 260% of the face value of ₹10 per share, will be paid to shareholders whose names appear on the record date, set for April 25, 2025. The payment will be made within 30 days of the declaration. This positive news has boosted investor confidence and driven the company’s stock performance.
This development aligns with Muthoot Finance’s continued growth and strong market presence, which has seen the company consistently performing well within the financial sector. Investors are optimistic about the company’s future, given the strategic moves being made to increase borrowing capacities and strengthen the board.
