Muthoot Finance hikes stake in Belstar Investment and Finance

To 57.16%

Muthoot Finance has further acquired 24 lakh equity shares of Rs 10 each of Belstar Investment and Finance at a total price of Rs 8.4 crore.

With this investment, the Company has completed the acquisition of 57.16% stake of Belstar Investment and Finance and accordingly, it has become at subsidiary of Muthoot Finance.

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