Board of Directors of Muthoot Finance approves equity infusion of Rs 300 cr in Belstar Microfinance

The Board of Directors of Muthoot Finance at its meeting held on 14 February 2024, has approved additional equity infusion of Rs. 300 crore in Belstar Microfinance, (Belstar) a subsidiary of the Company and secondary purchase of equity shares of Belstar from the existing promoters for a consideration of upto Rs. 75 crore.

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