Change in Director(s)

MCSL/SEC/26-27/128 July 07, 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Exchange Plaza, C-1, Block G, Mumbai - 400 001, Maharashtra Bandra Kurla Complex, Bandra (E), Scrip Code (Equity) - 511766 Mumbai - 400 051, Maharashtra Scrip Code (Debenture and CP) - 975282, Trading Symbol - MUTHOOTCAP 975513, 975662, 976146, 976183, 976213, 976233, 976363, 976458, 976806, 976898, 976933, 976965, 977929, 729732, 729733 and 730251 Dear Sir / Ma’am, Sub: Resignation of Independent Director Pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“Listing Regulations”) read with Part A and B of the Schedule III of the Listing Regulations, this is to inform that Mr. Thomas Mathew (DIN: 01277149), vide his letter dated July 07, 2026, has tendered his resignation from the position of Independent Director of the Company, effective from the closure of business hours of July 07, 2026, due to personal reasons. Consequently, he shall also cease to be the Chairman of the Audit Committee of the Company and a member of the Nomination and Remuneration Committee, Stakeholder Relationship Committee, Risk Management Committee, Corporate Social Responsibility Committee and other Committees. The details as required under Para A (7B) of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in “Annexure – A” attached to this letter. The letter of resignation received from Mr. Thomas Mathew is enclosed herewith as “Annexure – B”. This intimation is also being uploaded on the Company’s website at www.muthootcap.com. This is for your kind information and records. Thanking you, Yours faithfully, For Muthoot Capital Services Limited Deepa G Company Secretary & Compliance Officer (Membership No.: A68790) Muthoot Capital Services Limited, Registered Office: 3rd Floor, Muthoot Towers, M. G. Road, Kochi - 682 035, Kerala P: +91-484-6619600, 6619672, Email: secretarial@muthootcap.com, Website: www.muthootcap.com CIN: L67120KL1994PLC007726 Annexure A Sl. No. Disclosure Requirements Information on such event(s) 1 Reason for Change viz. appointment, re- Mr. Thomas Mathew (DIN: appointment, resignation, removal, death or 01277149) resigned from the otherwise position of Independent Director of the Company with effect from the closure of business hours of July 07, 2026, due to personal reasons. 2 Date of Appointment/reappointment/cessation Resignation is effective from & term of appointment the closure of business hours of July 07, 2026 3 Brief Profile (in case of appointment of a Not Applicable director) 4 Disclosure of relationships between directors Not Applicable (in case of appointment of director) Additional Information in case of resignation of an Independent Director 5 Letter of resignation along with detailed reasons Enclosed herewith as for resignation “Annexure B” 6 Names of listed entities in which the resigning Nil director holds directorships, indicating the category of directorship and membership of board committees, if any. 7 The independent director shall, along with the Mr. Thomas Mathew has detailed reasons, provide a confirmation that confirmed that there are no there are no other material reasons other than material reasons for his those provided. resignation other than those mentioned in his resignation letter. Muthoot Capital Services Limited, Registered Office: 3rd Floor, Muthoot Towers, M. G. Road, Kochi - 682 035, Kerala P: +91-484-6619600, 6619672, Email: secretarial@muthootcap.com, Website: www.muthootcap.com CIN: L67120KL1994PLC007726 Annexure B Thomas Mathew A-801,Vivaria,SaneGuruji Marg,JacobCircle, Mumbai400011 The Board ofDirectors MuthootCapitalService Ltd MuthootTower, M G Road Kochi 682035 Dear Membersofthe Board, Subject:ResignationasIndependentDirector I herebytendermyresignation as Independent DirectorofMuthootCapitalServices Limited and as ChairmanoftheAuditCommittee and memberoftheCommitteesOfthe Board with effectfromthe closeofbusiness hours on July07,2026. Havingattainedthe ageof75years, I haveaftercarefulconsideration,decidedthatthis is an appropriatetimeformeto stepdownfromtheBoard.Thisdecision ispurely personal. I herebyconfirmthatthereare noothermaterialreasonsformyresignation otherthanstated above. Ithas been a privilegeand honourtoserveonthe Board ofMuthootCapitalServices Limited. I sincerelythank the Promoters,myfellowDirectors, the Managementand staff fortheirtrust, cooperation and supportduringmy tenure. Iwish MuthootCapitalcontinued success and growth in theyears ahead. I requestthe Boardto kindly take up myresignation on record and arrangetocompletethe necessarystatutoryand legalformalities. with warmregards Thomas Mathew DIN :01277149 Place : Mumbai Date: July07,2026