Muthoot Finance Implements Mandatory Electronic Payments
Filing Summary
Muthoot Finance Ltd has announced compliance with the SEBI (Listing Obligations and Disclosure Requirements) Fifth Amendment Regulations, 2025. Effective from November 18, 2025, the company will process all payments, including dividends, interest, and redemption amounts, exclusively through electronic modes as permitted by the Reserve Bank of India. Physical payment instruments such as cheques and drafts will no longer be used. Stakeholders are advised to update their bank account details to ensure seamless transactions. This update aligns with regulatory requirements for listed entities.
Muthoot Finance Ltd has informed stakeholders about its compliance with the SEBI (Listing Obligations and Disclosure Requirements) Fifth Amendment Regulations, 2025. The amendment, effective from November 18, 2025, mandates that all listed entities, including Muthoot Finance, make payments such as dividends, interest, and redemption amounts solely through electronic modes approved by the Reserve Bank of India.
The company will discontinue the issuance of physical payment instruments like warrants, cheques, or drafts for these transactions. Stakeholders are advised to ensure their bank account details are updated and validated to facilitate seamless electronic payments.
This regulatory update is communicated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was submitted for information and record purposes.
Muthoot Finance Ltd is a leading financial services company in India, primarily engaged in providing gold loans. The company focuses on expanding its financial services portfolio and enhancing customer experience through digital transformation and regulatory compliance.