Muthoot Finance shares gain over 4% as company declares Rs 26 interim dividend for FY25

Shares of Muthoot Finance Ltd rose over 4% on April 21 after the firm declared an interim dividend of Rs 26 per share for FY25. The firm’s board recommended increasing borrowing power to Rs 2 lakh crore.
The board also approved the appointment of George Joseph as independent director. On April 21, shares of Muthoot Finance closed 4.5% higher at Rs 2,206 per share on the BSE. The stock has a 52-week high of Rs 2,435 and a 52-week low of Rs 1,509.
The market capitalisation of the stock is Rs 88,560 crore. The record date has been set as April 25, according to exchange filings. “Shareholders whose names appear as of the close of business hours on April 25, 2025 (a) as beneficial owners as per the list to be furnished by the depository in respect of shares held in electronic form and (b) as members in the register of members of the company in respect of shares held in physical form, shall be entitled to receive interim dividend.
The interim dividend shall be paid to shareholders within 30 days from the date of declaration,” Muthoot Finance said in a stock exchange filing. The non-bank lender reported an all-time high net profit of Rs 1,363 crore for the December quarter, up nearly 33% from the year-ago period.