Muthoot Finance infuses equity capital of Rs 110 cr in Belstar

Muthoot Finance has completed the equity infusion of Rs 110 crore in Belstar Microfinance, a subsidiary of the company. The company has been issued 32,35,295 equity shares of the face value of Rs. 10 each at a premium of Rs. 330 per share in Belstar. Post transaction, the company's holding in Belstar stands at 56.97%.

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