Muthoot Finance Ltd's shares increased over 4% on April 21 after the firm announced interim dividend of Rs 26 per share for FY25.
The firm's board recommended raising borrowing power to up to Rs 2 lakh crore. The board also approved appointing George Joseph as independent director.
On April 21, Muthoot Finance's shares on BSE closed trading 4.5% higher at Rs 2,206 apiece. The 52-week high of the stock is Rs 2,435 and 52-week low is Rs 1,509. The market capitalisation of the stock is Rs 88,560 crore.
The record date has been set for April 25, as per the exchange filing.
"Shareholders whose names appear as on close of business hours of April 25, 2025 (a) as Beneficial owners as per the list to be furnished by the Depositories in respect of the shares held in electronic form and (b) as Members in the Register of Members of the Company in respect of shares held in physical form, would be entitled to receive the interim dividend. The interim dividend will be paid to the shareholders within 30 days from the date of declaration," said Muthoot Finance in a stock exchange filing.
The non-bank lender reported an all-time high net profit of Rs 1,363 crore for the December quarter, an increase of nearly 33% from the year-ago period.
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