Muthoot Microfin Limited has notified the stock exchanges of the completion of tenure by M/s. Ernst & Young LLP as its Co-source Internal Auditors. The disclosure, dated May 06, 2026, was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Completion of Co-Source Internal Audit Tenure

M/s. Ernst & Young LLP served as Co-source Internal Auditors of Muthoot Microfin for a period of two years. Their tenure spanned FY 2024–25 and FY 2025–26, concluding upon the natural completion of the stipulated term. The company has formally intimated the exchanges of this development as part of its mandatory disclosure obligations under applicable SEBI regulations.

The key details of the change in Co-source Internal Auditor, as disclosed in the annexure to the regulatory filing, are summarised below:

Regulatory Compliance

The filing was submitted by Neethu Ajay, Chief Compliance Officer and Company Secretary of Muthoot Microfin Limited, on May 06, 2026. The disclosure forms part of the company's ongoing compliance with SEBI's listing obligations, ensuring timely and transparent communication of material developments to the exchanges and investors.

Muthoot Microfin Limited has officially informed the stock exchanges regarding the resignation of Mr. Akshaya Prasad from his position as Non-Executive Director on the company's Board. The resignation is effective from the closure of office hours on May 6, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed and submitted by Neethu Ajay, the Chief Compliance Officer and Company Secretary.

Director Resignation Details

The company provided the specific details of the cessation in accordance with Regulation 30 read with Schedule III - Para A (7C) of Part A of the SEBI Listing Regulations. The key parameters of the change are outlined below:

Resignation Letter Highlights

In his resignation letter addressed to the Board of Directors, Mr. Akshaya Prasad confirmed that he was stepping down from the position of Non-Executive Director effective May 6, 2026. He stated that the decision was driven by personal reasons and affirmed that there were no other material reasons for his resignation beyond those stated. Writing from London, Mr. Prasad expressed his gratitude to the Board and the management team for their support and cooperation during his tenure, while conveying his best wishes for the company's continued success.

Regulatory Compliance

The intimation was filed in compliance with the applicable SEBI disclosure requirements. As per the details provided in Annexure I submitted to the exchanges, sections pertaining to the brief profile, disclosure of relationships between directors, and affirmation of non-debarment were marked as Not Applicable, given that the disclosure pertains to a cessation and not an appointment.