The gold loan non-banking finance company has sought nod from its shareholders to Alteration of Object clause of the Memorandum of Association of the company to enable it foray into the insurance distribution business.
Muthoot Finance has sought shareholders nod for alteration in its Memorandum of Association to include new objective to carry on and undertake the business and activities of a corporate agent, or insurance intermediary for all classes of insurance business/products in India which includes, Life, General, Health Insurance Business, and all other forms of insurance products/services.
