Muthoot Capital Services Limited has announced key changes in its senior management structure, with the Board of Directors approving both a resignation and a new appointment in the Collections department through Circular Resolution MCSL/CR-01/26-27. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on April 23, 2026, in compliance with Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The company has disclosed that Mr. Sooraj Mohan will resign from his position as Head-Collections, with his departure taking effect from the closure of business hours on April 23, 2026. The resignation has been attributed to personal reasons, as outlined in the formal communication to stock exchanges. Mr. Sooraj Mohan submitted his resignation letter to Mr. Mathews Markose, Chief Executive Officer of the company, stating that the decision was made for the growth of his professional career.

New Appointee Profile

Mr. Vinay B N brings substantial industry experience to his new role at Muthoot Capital Services. His professional background spans 24 years, with primary expertise in Collections & Recoveries, complemented by experience in Automotive Finance Sales covering Auto and Commercial Vehicle loans. The new Head-Collections and Recoveries has demonstrated proficiency in developing channel and distribution strategies throughout his career. His most recent position was with Toyota Financial Services India Limited, where he served as Zonal Collection Head for the Eastern Region. Toyota Financial Services operates as the captive finance division of Toyota Kirloskar Motors.

Regulatory Compliance

The leadership changes have been announced in compliance with Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosures as required under the listing regulations, including detailed information about both the cessation and appointment. The disclosure required under Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, has been enclosed as Annexure A.

Transition Process

The outgoing Head-Collections has committed to ensuring a smooth handover of all documentation and responsibilities. In his resignation letter, Mr. Sooraj Mohan expressed gratitude for the opportunities and trust experienced during his tenure with the organization, while pledging support for the transition process to maintain continuity and compliance. The seamless transition from April 23 to April 24, 2026, reflects the company's structured approach to managing senior management changes while ensuring operational continuity in the critical Collections function.

Muthoot Capital Services Limited has scheduled a board meeting for May 8, 2026, to consider and approve the company's audited financial results for the quarter and financial year ended March 31, 2026. The announcement was made through formal communication to stock exchanges on April 14, 2026, in accordance with SEBI listing regulations.

Board Meeting Details and Regulatory Compliance

The board meeting has been scheduled in compliance with Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the upcoming meeting through official communication reference MCSL/SEC/26-27/17.

Trading Window Restrictions

In compliance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, Muthoot Capital Services has implemented trading restrictions. The trading window for all designated persons of the company, along with their immediate relatives, has been closed from April 1, 2026.

The trading window will reopen 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026. This measure ensures compliance with insider trading regulations and maintains market integrity during the financial results announcement period.

Stock Exchange Communication

The formal intimation was addressed to both major stock exchanges where the company's securities are listed. BSE Limited received the communication for scrip code 511766, along with multiple debenture and commercial paper codes. The National Stock Exchange was notified for trading symbol MUTHOOTCAP.

The communication was digitally signed by Deepa G, Company Secretary and Compliance Officer (Membership No: A68790), ensuring proper regulatory disclosure and transparency for all stakeholders.