Exemption Order in the matter of Muthoot Microfin Limited
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What is this order about?
SEBI granted an exemption to six trusts for an indirect acquisition of shares in Muthoot Microfin Limited, which would result in the trusts holding 50.21% of the company's shares through Muthoot Fincorp Limited.
Who it concerns
Thomas John Muthoot (MF) Trust, Thomas George Muthoot (MF) Trust, Thomas Muthoot (MF) Trust, Preethi John Muthoot (MF) Trust, Nina George Muthoot (MF) Trust, Remmy Thomas (MF) Trust
What was found or directed
- Exemption granted from SAST Regulations 2011
- Indirect acquisition of 50.21% shares in Muthoot Microfin Limited via Muthoot Fincorp Limited
- Acquisition through transfer of shares from individuals to their spouses and then to trusts
- Trusts are irrevocable, discretionary, and private trusts under Indian Trusts Act, 1882
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | WTM/KCV/CFD/01/2026-27 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
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Documents
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Order
2026-05-05
exemption_order_mumil.pdf
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