Muthoot Finance has issued a clarification regarding the record date for its upcoming interim dividend, revising the date from April 13, 2026 to April 17, 2026. The company communicated this correction through an official intimation under Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Record Date Correction and Regulatory Compliance

The company has formally notified stock exchanges including NSE, BSE, and NSE IFSC Limited about the revised timeline. In their communication dated April 07, 2026, Muthoot Finance clarified that their previous letter (SEC/MFL/SE/2026/6552) mentioning April 13, 2026 as the record date contained an error, and the correct record date is Friday, April 17, 2026.

Shareholder Eligibility Criteria

Shareholders whose names appear on the close of business hours on April 17, 2026 will be entitled to the interim dividend, subject to board approval. This includes beneficial owners as per the list furnished by depositories for shares held in electronic form and members in the register for shares held in physical form.

Payment Timeline and Corporate Communication

Muthoot Finance has maintained its commitment to distribute the interim dividend within 30 days of the official declaration by the Board of Directors. The company's correction demonstrates adherence to transparent communication practices and regulatory compliance requirements. Company Secretary Rajesh A Warrier digitally signed the clarification document, ensuring proper authorization and documentation of the revised timeline.

The board meeting scheduled for April 10, 2026 at The Muthoot Group headquarters in Kochi remains unchanged, where directors will consider the interim dividend declaration for the financial year 2025-26.

Muthoot Finance Limited has received a significant tax demand of ₹977.81 crore from the Income Tax Department, as disclosed in a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Tax Demand Details

The Assistant Commissioner of Income Tax, Central Circle 1, Kochi issued the order on March 30, 2026, under Section 143(3) of the Income Tax Act, 1961. The substantial demand arises from multiple assessment issues identified by the tax authorities.

Key Issues Identified

The tax demand encompasses several specific areas of contention between the company and the assessing officer:

• ESOP Discount Disallowances: The authorities have disallowed certain employee stock option plan related discounts claimed by the company
• TDS Non-Deduction: Issues related to non-deduction of tax deducted at source on certain foreign payments
• Bad Debt Write-offs: Disallowance of expenses claimed for bad debt write-offs
• Tax Regime Assessment: The assessing officer assessed the entire income at the old tax regime rate of 34.944% instead of the new regime rate of 25.168%, alleging improper claiming of deductions under Chapter VIA of the Income Tax Act, 1961

Company's Response and Impact

Muthoot Finance has expressed strong disagreement with the tax authorities' assessment. The company stated it is "of the firm view that the basis of additional tax demand raised by the Office of Income Tax is not tenable" and is in the process of filing the necessary appeal.

The disclosure was made in compliance with SEBI regulations and circular requirements, ensuring transparency with stakeholders regarding this significant regulatory development. The company maintains confidence in its tax positions and expects to challenge the demand through appropriate legal channels.