Muthoot Finance Limited has announced that its Register of Members and Share Transfer Books will remain closed from August 24, 2026, to August 31, 2026, in connection with its 29th Annual General Meeting (AGM). The AGM is scheduled for Monday, August 31, 2026, at 3:30 PM IST and will be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM), with no physical attendance permitted. This book closure period determines the final list of shareholders eligible to vote on critical resolutions, including a major leadership transition and the approval of record financial results for FY26.

AGM Agenda and Leadership Transition

The primary focus of the AGM is the appointment of Alexander George as Managing Director, effective October 1, 2026, succeeding George Alexander Muthoot, who will transition to Vice Chairman and Whole Time Director. These changes are proposed by the Board of Directors following recommendations from the Nomination and Remuneration Committee (NRC), which confirmed all appointees meet Reserve Bank of India 'Fit and Proper' criteria. The resolutions require shareholder approval under Section 197 of the Companies Act, 2013, and Regulation 17(6) of the SEBI Listing Regulations due to remuneration implications. Additionally, shareholders will vote on the reappointment of Eapen Alexander as Whole Time Director and Joseph Korah as Independent Director.

Record FY26 Financial Performance

The leadership transition occurs against the backdrop of Muthoot Finance's strongest-ever financial performance. In FY26, standalone profit after tax (PAT) surged 95% to ₹1,01,340.79 million, while total income rose 61.07% to ₹2,75,998.73 million. The company declared a dividend of ₹30 per share, the highest in its history. Operational metrics also expanded significantly, with standalone Loan AUM growing 50% year-on-year to ₹1.63 trillion. Gold Loan AUM specifically reached ₹1.54 trillion, driven by robust new-customer acquisition of 17.71 lakh individuals. Consolidated PAT increased 98% to ₹1,06,069 million, reflecting strong group-wide growth.

Voting Logistics and Compliance

Remote e-voting will open on Friday, August 28, 2026, at 9:00 AM IST and close on Sunday, August 30, 2026, at 5:00 PM IST. Central Depository Services (India) Limited (CDSL) has been appointed as the authorized agency for e-voting and VC/OAVM facilities. Proxy forms are not available for this meeting. The notice was issued in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders must ensure their holdings are registered before the August 24 cut-off date to exercise voting rights.

Muthoot Finance Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges, as communicated via reference SEC/MFL/SE/2025/6708 dated August 7, 2026. The report, signed by Company Secretary Rajesh A (ICSI Membership No. FCS 7106), is prepared on a standalone basis and covers the period April 01, 2025 to March 31, 2026. Independent reasonable assurance on BRSR Core Indicators has been obtained from Tibu & Niyas, Chartered Accountants, Edappally, Kochi.

Company Overview and Operational Footprint

Muthoot Finance Limited, incorporated in 1997 and registered at NH Bypass, Palarivattom, Kochi 682 028, operates as a Non-Banking Financial Company (NBFC) with its primary business activity classified under Non-Banking Financial Services, which accounts for 96.35% of its total turnover. The company's paid-up capital stands at ₹4,01,46,84,760. Its CSR-applicable turnover is reported at ₹2,75,999 million, with a net worth of ₹3,77,340 million.

The company maintains an extensive domestic network, with no international operations:

The company serves a diverse customer base including small business owners, vendors, traders, farmers, and salaried individuals, with retail Gold Loans as its primary offering, supplemented by unsecured personal and business loan products.

Workforce and Employee Well-Being

As at the end of FY 2025-26, Muthoot Finance Limited reported a total permanent employee strength of 31,613, with no workers engaged as defined under the BRSR framework, given the nature of its financial services operations.

The Board of Directors comprised 15 members as on March 31, 2026, with 1 female director representing 6.66% of the board. Among Key Management Personnel (KMP), 2 positions were held with no female representation. On employee well-being, 19,714 permanent employees (62.36%) were covered under health insurance. All 8,278 female permanent employees (100%) were covered under maternity benefits, with non-ESI covered employees eligible for maternity expense reimbursement up to ₹25,000.

The company also provides compensatory support in the event of employee demise:

Median remuneration data for the reporting period is as follows:

Governance, Ethics, and Sustainability Framework

The highest authority for Business Responsibility policy implementation is George Alexander Muthoot, Managing Director (DIN: 00016787). The Board approved a circular resolution on January 28, 2026, merging the ESG Committee with the Corporate Social Responsibility Committee, forming a reconstituted CSR and Sustainability Committee. This committee, effective as on March 31, 2026, is chaired by Mr. C A Mohan (Independent Director) and includes Mr. George Muthoot George, Mr. George Alexander Muthoot, Mr. Ravindra Pisharody, and Mr. K.V Eapen.

Policies covering all nine NGRBC principles have been approved by the Board and translated into procedures, extending to value chain partners. Performance against these policies is reviewed quarterly by the Managing Director. The company enforces a zero-tolerance Anti-Bribery and Anti-Corruption Policy applicable to all employees, contractual staff, trainees, interns, and third-party stakeholders.

During FY 2025-26, the company received monetary penalties from stock exchanges under Principle 1:

No cases of corruption, conflicts of interest, or anti-competitive conduct were reported during FY 2025-26.

CSR Initiatives and Stakeholder Engagement

Muthoot Finance Limited's CSR initiatives have positively impacted over 700,000 beneficiaries nationwide, spanning healthcare, education, sustainable housing, economic upliftment, livelihood creation, and ecological conservation. Key beneficiary data from CSR projects includes:

CSR spending in designated aspirational districts included projects in Tamil Nadu (Ramanathapuram & Virudhunagar), Hyderabad (Y.S.R. Kadapa), Odisha (Koraput), Jharkhand (Hazaribagh), Uttar Pradesh (Fatehpur), and Uttarakhand (Haridwar).

The company is affiliated with 4 trade and industry chambers, including the Federation of Indian Chamber of Commerce & Industries, Association of Gold Loan Companies, Confederation of Indian Industry, and Kerala Non-Banking Finance Companies Association.

Environmental Commitments and Data Protection

Muthoot Finance Limited's environmental initiatives include a 3.75 MW windmill in Tamil Nadu supplying clean electricity to the grid for over 18 years, solar capacity expansion through CSR projects, replacement of diesel generators with battery inverters, and procurement of refurbished laptops and pre-owned office furniture. The company's primary Data Centre is located in Bangalore, with a secondary Disaster Recovery facility at Info Park, Kochi, both achieving a Recovery Point Objective (RPO) and Recovery Time Objective (RTO) of 15 minutes.

On data protection, the company reported NIL instances of data breaches during FY 2025-26. The company's cybersecurity framework includes multi-layered controls such as firewalls, endpoint protection, access controls, MFA, PAM, DLP, and continuous SOC monitoring, aligned with CERT-IN and RBI guidelines. Consumer grievances are addressed through a structured multi-tier redressal mechanism, with complaints acknowledged within three working days and records retained for ten years post-resolution.