Muthoot Microfin Ltd.

Founded in April 1992, Muthoot Microfin Limited, a subsidiary of Muthoot Pappachan Group, provides micro-loans to female customers with a focus on rural regions in India.The company provides:Group loans for livelihood solutions such as income-generating loans, Pragathi loans (bridging loans to existing customers for working capital and income-generating activities) and individual loansLife betterment solutions including loans for cell phones, solar lights and household appliancesHealth and hygiene loans such as loans to improve sanitary facilitiesSecured loans in the form of gold loans and our Muthoot Small & Growing Business ("MSGB") loans.In 2021, the company launched the "Mahila Mitra" mobile application, which enables digital payment methods such as QR codes, websites, SMS-based links and voice-based payment methods. As of March 31, 2023, 1.18 million customers have downloaded the Mahila Mitra application and 1.70 million customers have made digital transactions.As of March 31, 2023, the company has 2.77 million active customers, 1,172 branches in 321 districts in 18 states and union territories in India, and employs 10,227 people.

Muthoot Microfin Ltd. proposes to utilise the net proceeds from the Issue for the following objects: