MUTHOOT FINANCE LTD. - 533398 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that S&P; Global Ratings has affirmed Muthoot Finance Limited''s 'BB/B' Corporate Family Rating and its outlook changed to negative from stable. Muthoot Finance to re-open all branches across India from April 20
The branches will function as usual and will adhere to all instructions laid down by the state governments for corporates resuming services from April 20, 2020. MUTHOOT FINANCE LTD. - 533398 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that Moody's Investor Service has affirmed Muthoot Finance Limited''s 'Ba2' Corporate Family Rating and its outlook changed to negative from stable. Enclosing herewith the Press Release made by Moody's Investor Service in this regard. MUTHOOT FINANCE LTD. - 533398 - Closure of Trading Window
We would like to inform you that in compliance with the provisions of SEBI (Prevention of Insider Trading) Regulations, 2015 and the code of conduct adopted by the Company for prohibition of Insider Trading, the trading window for dealing in the Securities of the Company by Designated Persons and their relatives will remain closed from the close of business day on March 31, 2020 till the expiry of 48 hours after the announcement of the financial results of the Company for the quarter and year ended March 31, 2020 to the Stock Exchanges. The date of Board Meeting for declaration of the financial results of the Company for the quarter and year ended March 31, 2020 will be intimated in due course. MUTHOOT FINANCE LTD. - 533398 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that Fitch Ratings has revised Company''s Long-Term Issuer Default Rating from 'BB+' Rating Outlook Stable to 'BB' Rating Watch Negative and accordingly, ratings on the MTN programmes and foreign-currency senior debt stands revised from 'BB+' Rating Outlook Stable to 'BB' Rating Watch Negative. MUTHOOT FINANCE LTD. - 533398 - COVID-19 Outbreak & Lock Down Announced By Government Of India
In the wake of COVID-19 pandemic outbreak & subsequent lockdown for 21 days announced by the Hon'ble Prime Minister on March 24, 2020, all our branches & Corporate Offices would remain closed in compliance with the Government of India's order. Employees supporting the critical business operations & essential customer service will continue to work from home. We are closely working with our bankers and registrar and transfer agent to ensure that various interest payments, redemption payments in respect of various commercial borrowings from lenders, Non-convertible debentures, other borrowings including commercial papers issued by the Company and interim dividend declared by the Board of Directors of the Company on March 17, 2020 are made on due dates. All measures are being taken to make the payments through various electronic mode on dues dates. MUTHOOT FINANCE LTD. - 533398 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
The Board of Directors of the Company at its meeting held today i.e., March 17, 2020 has approved amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI (Prohibition of Insider Trading) Regulations, 2015. Enclosing herewith the amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI (Prohibition of Insider Trading) Regulations, 2015. Muthoot Finance Ltd - 533398 - Board declares Interim Dividend
Muthoot Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 17, 2020, inter alia, has approved the following:- Declaration of an interim dividend for the financial year 2019-20 of Rs. 15/- per equity share of Rs. 10 each, being 150% on the paid up equity share capital of the Company and the dividend will be paid to the shareholders on or before, April 15, 2020. MUTHOOT FINANCE LTD. - 533398 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended.
The Board of Directors of the Company at its meeting held today i.e., March 17, 2020 has inter-alia approved the following: 1. Declaration of an interim dividend for the financial year 2019-20 of Rs. 15/- per equity share of Rs. 10 each, being 150% on the paid up equity share capital of the Company and the dividend will be paid to the shareholders on or before, the 15th day of April, 2020. The dividend shall be paid through NECS or RTGS or by Dividend Warrant/Bankers Cheque/Demand Draft. The Record Date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Wednesday, 25th day of March, 2020. 2.Raising of funds to the tune of Rs. 6,000 crores by way of private placement of redeemable non-convertible debentures, in one or more tranches. 3.Amendment to Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI (Prohibition of Insider Trading) Regulations, 2015. Muthoot Finance Ltd - 533398 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Nomination and Remuneration Committee of Board of Directors of Muthoot Finance Limited on March 14, 2020 has allotted 68,625 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. Post allotment the paid up capital of the Company is increased from Rs. 400,96,87,010 consisting of 40,09,68,701 equity shares of Rs. 10/- each to Rs. 401,03,73,260 consisting of 40,10,37,326 equity shares of Rs. 10/-.