Muthoot Capital is mulling over the idea of issuing bonus shares to its existing members. It has called on member’s meeting on April 18 for the same purpose as per BSE filings.
Muthoot Capital Services Ltd. promoted by the Muthoot Pappachan Group is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India and listed on the Bombay Stock Exchange. It offers fund and non-fund based financial services to retail, corporate and institutional customers through the wide network of branches of Muthoot Fincorp Ltd.
The S&P BSE Finance index is trading in negative territory at 4941.51 down by 0.38%. The biggest contributor to the index loss is ICICI bank which is trading at Rs 279.85 per share, down by 5.86% at 10:48 hrs.