Muthoot Microfin Ltd
đ SEBI Grants Open Offer Exemption to Muthoot Family Trusts for Muthoot Microfin Share Transfer
⢠SEBI granted exemption from open offer obligations to six family trusts related to the Muthoot promoter group for indirect acquisition of shares in Muthoot Microfin Limited.
⢠The exemption order (WTM/KCV/CFD/01/2026-27) was issued on May 5, 2026.
⢠The transaction involves an internal family reorganization for succession planning, transferring shares within the promoter group to trusts.
⢠Total promoter shareholding remains unchanged at 55.47%, and public shareholding remains at 42.83%.
⢠Muthoot Fincorp Limited holds 50.21% (8,55,95,744 shares) in Muthoot Microfin, and the trusts will indirectly control this stake post-transaction.