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Muthoot FinCorp IPO plans: Board approves Rs 4,000 crore issue; CEO eyes at least 10% dilution

Posted on May 18, 2026
By Financial Express
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1 min read

Muthoot FinCorp IPO plans: Board approves Rs 4,000 crore issue; CEO eyes at least 10% dilution

Muthoot FinCorp plans to raise Rs 4,000 crore through an IPO as the board approves the public issue. CEO Shaji Varghese says the company may dilute at least 10% stake to raise growth capital amid rising demand in the gold loan sector.