Muthoot FinCorp to dilute minimum 10 pc stake in IPO: CEO
Business 17 May, 2026

Muthoot FinCorp to dilute minimum 10 pc stake in IPO: CEO

Business To Business, New Delhi, 17th May 2026:   Muthoot FinCorp is likely to dilute at least 10 per cent stake through its proposed initial public offering (IPO), with the proceeds intended to support the company’s future growth plans, a senior company official said.
The board of Muthoot FinCorp on Saturday approved plans to raise up to Rs 4,000 crore through an IPO comprising a fresh issue of equity shares, subject to regulatory clearances and market conditions.
Chief executive officer Shaji Varghese said that regulations require a minimum dilution of 10 per cent, while any additional dilution would depend on the company’s valuation.
Muthoot FinCorp is a gold loan-focused NBFC and the planned listing comes amid continued growth in India’s secured retail lending and non-banking finance sectors.

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