Mumbai: Muthoot Finance Limited's Board of Directors held a meeting today, April 21, 2025. In this meeting, the company approved an interim dividend of Rs 26 per share (260 per cent) for the financial year 2024-25.
According to the company, shareholders whose names are registered in the company's records or Demat accounts by the end of business on April 25, 2025, will receive this dividend. The dividend will be paid within 30 days from the date of announcement.
Two other important proposals were also approved in the meeting:
A proposal to appoint George Joseph as an independent director.
A recommendation to increase the board's borrowing limit to Rs 2 lakh crore, under section 180(1)(c) of the Companies Act.
Muthoot Finance's shares saw a strong rise today. By 1:30 PM, the share price was Rs 2200.00, up by 4.22 per cent. The highest price of the day was Rs 2209.00, and the lowest was Rs 2121.10.
The 52-week highest price for the company's shares was Rs 2444.65, and the lowest was Rs 1510.00. The current market capitalization of the company is Rs 88,295.96 crore (total) and Rs 23,517.19 crore (free float).
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The company's TTM (Trailing Twelve Months) EPS is Rs 118.30, and its CEPS is Rs 120.13. The PE ratio is 17.84, and the PB ratio is 3.30, while the Return on Equity (ROE) stands at 18.49 per cent. The face value of the share is Rs 10.
