Acquiring Company
Muthoot Finance
Acquired Company
Muthoot Money Limited
KochiFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Muthoot Finance has received approval for the merger with its wholly owned subsidiary, Muthoot Money Limited, effective August 31, 2026. The merger will cancel the paid-up share capital of Muthoot Money, streamlining operations and enhancing market presence. The integration aims to improve efficiency and achieve cost rationalization through consolidated resources.
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Based on deal dataFrequently asked
Who acquired Muthoot Money Limited?
Muthoot Money Limited was acquired by Muthoot Finance. The deal was reported on August 31, 2026. Muthoot Finance is a leading non-banking financial company in India that provides a range of financial services including loans, insurance, and investment management. Muthoot Finance is privately held and operates in Financial Services.
When did Muthoot Finance acquire Muthoot Money Limited?
Muthoot Finance's acquisition of Muthoot Money Limited was reported on August 31, 2026. Muthoot Finance has received approval for the merger with its wholly owned subsidiary, Muthoot Money Limited, effective August 31, 2026. The merger will cancel the paid-up share capital of Muthoot Money, streamlining operations and enhancing market presence. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Muthoot Money Limited do?
Muthoot Money Limited is a wholly owned subsidiary of Muthoot Finance, operating as a middle layer NBFC. The company is also engaged in providing gold loans and is registered with the Reserve Bank of India. It is privately held, operating in Financial Services, and is based in Kochi.
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