Muthoot Capital Services Limited announced the resignation of Umadevi Pazhoor Unnikrishnan from the position of Chief Risk Officer (CRO). The resignation is effective from the close of business hours on October 14, 2026.

The company filed the disclosure with the BSE and National Stock Exchange pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing cites personal reasons as the cause for the departure.

Resignation details

The resignation letter was addressed to Mathews Markose, Chief Executive Officer of the company. Unnikrishnan expressed gratitude to the management and board for their support during her tenure and committed to ensuring a smooth transition of responsibilities before her relieving date.

The disclosure includes a reference to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the required disclosures for such changes in Key Managerial Personnel. The document was signed by Deepa Gopalakrishnan, Company Secretary and Compliance Officer.

Muthoot Capital Services Limited received approval from BSE Limited for the listing of its ₹20 crore commercial paper. The short-term debt instrument was allotted on October 1, 2026, and matures on June 28, 2027.

The allotment was made to Unity Small Finance Bank Limited. The issue carries a credit rating of CRISIL A1+, indicating the highest degree of safety regarding timely servicing of financial obligations. The price per unit was set at 93.8752 with a discount rate of 8.82%.

Issue details

The company disclosed the issuance terms in a filing to stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015. Key parameters of the commercial paper are outlined below:

Listing status update

Muthoot Capital Services confirmed receipt of listing approval from BSE for the commercial paper issued under reference number MCSL/SEC/26-27/224. The listing approval was communicated via a filing dated October 5, 2026, ensuring the instrument is now available for trading on the exchange platform.

What the numbers show

The issuance highlights Muthoot Capital's reliance on high-rated short-term instruments for liquidity management. With a CRISIL A1+ rating, the company secured funding at an 8.82% discount rate, reflecting its strong credit standing in the non-banking finance sector. The single allottee structure suggests a targeted placement rather than a broad market offering.