Muthoot Capital Services Appoints KPMG as IS Auditor for FY26
Muthoot Capital Services Limited appointed M/s. KPMG Assurance and Consulting Services LLP as its Information Systems (IS) Auditor for FY25-26. The appointment was approved by the Board of Directors on March 31, 2026, following recommendations from the Audit Committee. KPMG brings expertise in IS audit and IT consulting.
The appointment of an IS auditor is a standard compliance procedure and is unlikely to have a significant immediate impact on the company's financial performance or stock price.
The appointment of an IS auditor is a routine regulatory requirement and does not inherently suggest a positive or negative financial outlook for the company.
Muthoot Capital Services Limited has announced the appointment of M/s. KPMG Assurance and Consulting Services LLP as its Information Systems (IS) Auditor for the Financial Year 2025-26. This decision was made by the Board of Directors based on the recommendations of the Audit Committee during a meeting held on March 31, 2026. The meeting commenced at 04:30 p.m. and concluded at 05:30 p.m.
M/s. KPMG Assurance and Consulting Services LLP is a part of the global KPMG network and specializes in assurance, risk advisory, and technology consulting services. They possess extensive expertise in Information Systems (IS) Audit, cybersecurity assessments, IT general controls reviews, and regulatory compliance audits. KPMG has a significant track record serving financial institutions, offering industry-specific insights and robust methodologies to support governance, risk management, and IT control frameworks.
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