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Muthoot Finance to dilute 5 % stake

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BS Reporter Chennai

Muthoot Finance is looking at diluting five per cent stake to achieve the requirement of minimum public shareholding of 25 per cent. Besides, the company said its gold loan assets under management were expected to grow 10-15 per cent from the current level of around Rs 23,743 crore by August.

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First Published: Oct 31 2012 | 1:04 AM IST

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