Independent Director Thomas Mathew resigned from Muthoot Capital Services effective July 07, 2026, due to personal reasons. The resignation was tendered via a letter dated July 07, 2026, and became effective from the closure of business hours on the same day. Consequently, Mathew has ceased to be the Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee, Stakeholder Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee.

Mathew confirmed that his decision was purely personal and stated there were no other material reasons for his resignation other than those disclosed. He had attained the age of 75 years and determined it was an appropriate time to step down from the Board. The disclosure was made pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resignation details were provided in Annexure A to the regulatory filing. Mathew held the DIN 01277149 and did not hold directorships in any other listed entities at the time of his resignation. The letter of resignation is enclosed as Annexure B to the filing.

Committee Positions Vacated

The intimation regarding the resignation has been uploaded on the company's website. Deepa G, Company Secretary & Compliance Officer, signed the disclosure on behalf of Muthoot Capital Services Limited.

Muthoot Capital Services has allotted 15,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to ₹150 crore on a private placement basis. The allotment was approved by the Debenture Issue and Allotment Committee on June 30, 2026. The NCDs carry a coupon rate of 9.25% per annum, payable quarterly, and are scheduled to be listed on BSE Limited, providing liquidity to investors in the debt capital market.

NCD Allotment Details

The key parameters of the NCD allotment are outlined below:

Security and Terms

The NCDs are secured on a pari passu basis with existing secured creditors on standard loan receivables and current assets, both present and future. The security is held in favour of the Debenture Trustee for the NCD holders. The company must maintain a minimum asset coverage ratio of 1.1 times the value of the outstanding debentures until redemption. In the event of a default in interest or principal payment, the issuer will pay a default interest rate of 1% over and above the coupon rate for the defaulting period.