Management Changes

The Board of Directors at its meeting dated June 30, 2026 approved the following changes:

1. Appointment of Ms. Hannah Muthoot

  • Designation: Additional Director (Non-Executive Non-Independent)
  • DIN: 10762532
  • Effective Date: June 30, 2026
  • Relationship Disclosure: Daughter of Mr. Thomas Muthoot, Niece of Mr. Thomas George Muthoot, and Cousin of Mr. Thomas Muthoot John
  • Non-debarment Affirmation: Confirmed that she is not debarred from holding office of Director by virtue of any SEBI order or any other authority

Profile of Ms. Hannah Muthoot:

  • Fourth-generation member of the promoter family of Muthoot Pappachan Group
  • Over five years of experience within the Group across financial services, business operations, strategy, and customer-centric business development
  • Specific exposure to NBFC sector
  • Educational Qualifications: Bachelor's degree in Business Administration (major in Entrepreneurship, minor in Social Entrepreneurship) from Northeastern University, Boston, USA; Master's degree in Social Entrepreneurship from University of Southern California, USA
  • Career History: Joined Muthoot Pappachan Group in 2019 as Management Trainee, subsequently held operational roles including Area Manager
  • Experience includes branch operations, customer engagement, field execution, business development, frontline management, and business expansion initiatives including piloting Business Development Executive programme in Bengaluru

2. Retirement of Mr. John Tyler Day

  • Designation: Non-Executive, Non-Independent Director
  • DIN: 07298703
  • Retirement Type: Retires by rotation in accordance with Section 152 of the Companies Act, 2013
  • Board Decision: Decided not to fill the resulting vacancy for the time being
  • Tenure: Shall hold office until the conclusion of the ensuing Annual General Meeting

Appointment of Internal Auditors

The Board approved the appointment of co-sourced internal auditors for the financial year 2026-27:

1. Functional Audit: M/s. Deloitte Touche Tohmatsu India LLP

  • Tenure: Financial year 2026-27
  • Relationship: Not related to any Directors

Profile of Deloitte Touche Tohmatsu India LLP:

  • Limited liability partnership incorporated in India
  • Member firm of Deloitte Touche Tohmatsu Limited (DTTL) global network
  • Converted from Deloitte Touche Tohmatsu India Private Limited to LLP effective October 1, 2015 (LLP Identification No. AAE-8458)
  • Registered office in Mumbai, India with offices across key cities
  • Over a decade of experience in delivering internal audit services under Audit & Assurance practice
  • Has undertaken internal audit engagements across various sectors including financial services, manufacturing, metals and mining, energy, FMCG, consumer, and infrastructure
  • Applies risk-based internal audit methodology

2. IT/Cyber Specialised Audit: M/s. Pricewaterhousecoopers Services LLP

  • Tenure: Financial year 2026-27
  • Relationship: Not related to any Directors

Profile of Pricewaterhousecoopers Services LLP:

  • Global network of firms with over 370,000 professionals operating across 149 countries
  • In India: Legacy of over 150 years, employs more than 27,000 people
  • Serves diverse client base including world's leading companies
  • Provides services through deep industry expertise, advanced analytics, and digital tools