InvestorQ : Why has Muthoot Finance postponed its proposed stock split?
Sam Eswaran made post

Why has Muthoot Finance postponed its proposed stock split?

Answer
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Ria Jain answered.
3 months ago


The board of Muthoot Finance put in abeyance its proposal to split the stock due to the current economic conditions. The board was of the view that in the light of the current tight liquidity conditions, any stock split may not result in a spurt in retail demand for the stock. Hence the Muthoot Board has opted to wait for a more appropriate date in the future for the split.