09-Sept-2026 18:04:27
MUTHOOTFINAcquisition and merger
MUTHOOT FINANCE : SRI LANKAN STEP-DOWN SUBSIDIARY ACQUIRES 100% ORDINARY VOTING SHARES OF ASIA ASSET FINANCE PLC
• Muthoot Finance's subsidiary, Asia Asset Finance PLC, approved subscription of 3,29,30,464 Ordinary Voting Shares • Subscription price at LKR 33.30 per share, aggregating to LKR 1,09,65,84,451 (~₹31.80 Crores) • Asia Asset Finance PLC is a listed Sri Lankan subsidiary of Muthoot Finance, now holding 72.92% stake • AAF holds a Fitch national rating of A+(lka) with a Stable outlook
Muthoot Finance Ltd
Open attachment