Muthoot Fincorp IPO Prep: SEBI Grants Open Offer Waiver For Muthoot Microfin Restructuring

SEBI granted an open offer waiver to Muthoot Fincorp for the restructuring of Muthoot Microfin.

The waiver is part of preparations for Muthoot Fincorp's IPO.

SEBI noted that ultimate beneficial ownership will remain with the existing promoter family, ensuring continuity.