Muthoot Capital Services Limited. Registered Office: 3rd Floor, Muthoot Towers, M.G Road, Kochi - 682 035, Kerala, India P: +91-484-6619600, 6613450, F: +91-484-2381261, Email: mail@muthootcap.com, www.muthootcap.com

CIN: L67120KL1994PLC007726

MCSL/SEC/19-20/23

April 16, 2019

Dear Sir,

Sub: Notice of Board Meeting pursuant to Regulation 29 of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015

Notice is hereby given that a meeting of the Board of Directors (BM / I / 19 - 20) of Muthoot

Capital Services Limited (MCSL) will be held on Wednesday, April 24, 2019, at 12.00 noon at

Novotel Hotel, Near Infopark Kannadivalavu, Kakkanad - Edachira Road, Kakkanad, Kochi - 682

030, Kerala, inter-alia, to consider and take on record the financial statements for the quarter

and year ended March 31, 2019.

Thanking You,

Yours Faithfully,

For Muthoot Capital Services Limited

Vinodkumar M Panicker

Chief Finance Officer/Compliance Officer

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street,

Mumbai - 400 001

Scrip Code - 511766

National Stock Exchange of India Limited

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex,

Bandra (E), Mumbai - 400 051

Trading Symbol - MUTHOOTCAP

VINODKUMAR MADHAVAN PANICKER

Digitally signed by VINODKUMAR MADHAVAN PANICKER Date: 2019.04.25 16:16:27 +05'30'

MUMBAI | WEDNESDAY, 17 APRIL 2019 BRAND WORLD 13. <

SHALLY SETH MOHILEMumbai, 16 April

“Hello MG! Opensunroof,” com-mands actor

Benedict Cumberbatch as heslides into a Morris Hector.“Pardon,” says the car, forcingthe otherwise unflappableBritish icon to do a slight dou-ble take. “When was the lasttime, someone said that toyou?” he asks and then, morecourteous and with theBritish accent, more pro-nounced, repeats the com-mand, “Please open sunroof.”The car complies and theengine growls into life.

The ad for the launch ofMorris Garage (MG) Hector inIndia is just one of the manyways in which the onceBritish and now Chinesebrand, owned by ShanghaiAutomobile Industry Corp(SAIC), is reinforcing the lega-cy of the crown it once wore.MG Hector, the first car underthe Morris badge to launch inIndia, rolls out in June.

SAIC bought the brand in2006-07 and even thoughthis is the first Chinese-owned auto brand on Indian

roads, the promotional nar-rative is all British.

One reason is that since itsinception in Britain in 1924,MG has changed hands manytimes. It was also owned byBMW before finding aChinese parent in SAIC.

The iconic octagonalbadge remains in essence aBritish brand, says RajeevChaba, president and manag-ing director at MG MotorIndia. It is supported by a UKTechnical Center, LondonDesign Studio as well as thehome of the MG Car Club(MGCC) located inBirmingham with a registerof over 70,000 members fromaround the globe, he adds.

The brand narrative drawson the research conducted bythe company that showedthat SUVs are bought “morefrom the heart,” says Chabaand adds, “we are confidentthat Indian customers willappreciate the packaging andoffering of Hector as a bold,muscular, and tech-loadedSUV.” Expected to be pricedat ~15 lakh to 18 lakh, theHector will compete with theJeep Compass, Tata Harrierand Mahindra XUV 5OO,

among others. P Balendran, executive

director at MG Motor India,said that the brand’s historyplayed a big role in the deci-sion to enter India. “MG usedto be a big brand here in thepre–independence era, there-fore the recall will be veryhigh,” he says.

Legacy may well be themethod behind the Morrisbranding tale but the real rea-son behind its all-British sto-ry, say experts, is to stave offany negative association withChinese brands. “They havemade a conscious effort tomove away from any kind ofmisgivings that people mayhave because it’s a Chineseproduct,” says AvikChattopadhyay, founder ofbrand consulting firm,Expereal. Even Hector is anAnglo Greek name, he pointsout. “They are not defendingthat they are Chinese. Theyare instead saying that theirheritage is English,” he says.

While the British creden-tials generate a buzz aroundthe brand, the team at MGMotor is also driving homethe tech specs of the newmodel. Last week it show-

cased, what it claimed isIndia's first internet car tech-nology iSMART Next Gen,which will make its debutwith the Hector. The screenof Next Gen is designed witha vertical interface thatallows the driver to controlthe entire car system withjust a touch or voice com-mand. MG is also the firstglobal brand to bring the rev-olutionary Over the Air (OTA)technology to cars in India.“It is an advantage that a fun-damentally strong companylike SAIC which ranks 36 inthe Fortune 500 list is back-ing MG,” says Balendran.

With the enthusiasmaround the Morris growing,Chattopadhyay says it is evi-dent “they are putting a lotof thought into building theidentity of Morris Garage.”The move to craft a Britishimage appears to be welldeliberated say experts.Besides allaying fears over anauto brand made in China,such a move is also expectedto help establish the premi-um nature of the bran. TheBritish connection will helpopen up the wallet in India,or so the company hopes.

Morris has China under thehood, Britain on its bonnet

As the MG Hector gets ready to drive into the country, the Chinese-ownedbrand is leaning heavily on its British legacy

Jet’s ultimatum:Infuse ~400 cr tostop grounding“In the said communication to lenders wehave highlighted how operations will beimpacted should the funding not come,”Dube wrote. Jet Airways executives saidthat the lenders should have brought Goyaland Etihad on the same table to avoid thisscenario. “Etihad is dragging feet on invest-ment but no question is asked tothem.Banks should have brought Goyaland Etihad together. They were talking toboth sides separately. The two sides nevercame face to face,” an executive said. Anofficial of a public sector bank, however,said the lenders had still not agreed to thedemand and a nominal funding of around~20-25 crore was likely to be given to keepthe operations running. “Even if the airlineis grounded, there will be no impact in thebidding process as it is almost shut now,”the official said.

The airline, due to paucity of funding,has been unable to pay to its lessors andoil companies for the last three months.Ev en salaries to its employees have beenon hold. Pilots joining rival airlines how-ever said they were mulling to take thecompany to insolvency court due to non-payment of salary. “Employee salary arenon-negotiable. Funding has to includecomponent for salaries too. The union isexploring the option of taking the companyto the NCLT,” said Parikshit Joshi, memberof the managing committee of the NationalAviators Guild.

India-focusedfunds underMauritius lens“Mauritius has been making efforts toimprove its reputation and trustworthinessof its jurisdiction. It has adopted a develop-ment strategy for its financial services sectorwhich is based on continuous improve-ment, transparency and compliance withinternational norms and standards,” saidNeha Malviya, director, Wilson FinancialServices, an FPI-centric brokerage.

The efforts have started to pay off. Forinstance, Mauritius did not figure in theEuropean Commission’s new list of 23countries with strategic deficiencies in itsanti-money laundering and counter-ter-rorist financing frameworks that wasannounced in February this year.

In a recent note, the EconomicDevelopment Board, Mauritius, observedthat the country is compliant with all theOrganisation for Economic Co-operationand Development (OECD) norms, includ-ing the Global Forum on Transparency andExchange of Information for Tax Purposes,the Base Erosion and Profit Shifting project,and the Common Reporting Standard.

Companies operating in Mauritius aresubject to stringent substance require-ments, including minimum number of res-ident directors and full-time employees,according to the communique.

Late last year, Mauritius had amendedits Income Tax Act and inserted a clausefor determining the place of effective man-agement, making it difficult to establish

residency in the country and pos-ing a new headache to Indian pri-vate equity as well as portfolioinvestors putting money into thecountry.

Wipro Q4 netprofit up 38%For the fourth quarter of the lastfiscal year, Wipro on Tuesdayreported a consolidated net profitof ~2,483.5 crore, a rise of 37.7 percent over the year-ago period.

Sequentially, it declined oneper cent. For the whole fiscal, netprofit was ~9,000 crore, a growthof 12.4 per cent on a year-on-year(YoY) basis. Gross revenues ofWipro in Q4 rose 9 per cent YoYto ~15,006 crore. For the whole fis-cal year, revenues stood at ~58,584crore, up 7.5 per cent on a YoYbasis. Unlike its two other largerpeers, Wipro showed a markedimprovement in its operatingmargin, which improved 440basis points YoY to reach 19 percent in the January-March quar-ter. The margin improvement wasaided by the divestment of lowmargin business.

Wipro’s IT services revenue,which accounts for more than 95

per cent of its gross revenues now, was$2.075 billion for the January-March periodof FY19. "We have executed strongly in thefourth quarter with focus on quality of rev-enue. We see the demand environment asstable with strong deal pipeline," saidAbidali Neemuchwala, CEO at Wipro.

For the first quarter of the current fiscalyear, Wipro gave a tepid guidance of -1 percent to 1 per cent in revenue growth exclud-ing the impact of divestment of some of itsbusinesses. "Our outlook for Q1 of FY20 hasfactored in the seasonality factor. Also,delay in starting out some new projects isalso another reason for this slow growth.However, we expect to accelerate ourgrowth from Q2 onwards," Neemuchwalaadded. In January-March period, the com-pany reported good growth in verticals likeBFSI with 1.3 per cent sequential growth,while its consumer business unit also roseby 5.3 per cent. However, communications,energy, natural resources and utilities hada negative sequential growth in Q4 of FY19.

Wipro saw its total headcount at 171,425at the end of March quarter, a fall of around900 employees against the preceding quar-ter. Its overall attrition, however, remainedat 17.6 per cent, a drop of 30 basis pointsover the previous quarter.

Donors pledgenearly $565 mn torebuild Notre-DameSpecialised craftsmen and rare materialsare also expected to be needed to restorethe monument, which welcomes around13 million visitors each year — an averageof more than 35,000 people a day.

The head of a French lumber companytold AFP he would try to gather the 1,300oak beams he figures are necessary torebuild the intricate lattice that supportedthe now-destroyed roof, known as the“Forest”. But Sylvain Charlois of theCharlois group said finding big enough logswould not be easy, since “there aren’t anystocks of cut wood in France available for aproject this big.”

The United Nations’ Paris-based cultur-al agency UNESCO has promised to stand“at France’s side” to restore the site, whichit declared a world heritage site in 1991. TheGerman and Italian governments have alsooffered to help in the reconstruction, whileRussian President Vladimir Putin offeredto send “the best Russian specialists withrich experience in the restoration of nation-al heritage monuments.” The painstakingrenovation work is likely to cost hundredsof millions of euros over several years, if notdecades, though experts breathed sighs ofrelief that the damage was not even worse.The steeple of the gothic edifice had beenundergoing an ^11-million ($12.4-million)overhaul financed by the French state torepair damage inflicted by time, pollutionand the weather.

But it also relies heavily on individualdonations for repairs, and a few years agocreated a US-registered charity lettingAmerican voters deduct gifts from taxes.

> FROM PAGE 1

SOLUTION TO #2717 Easy ««Solution tomorrow

HOW TO PLAYFill in the grid sothat every row,every columnand every 3x3box contains the digits 1 to 9

> BS SUDOKU # 2718

FOR SANGHI CORPORATE SERVICES LIMITEDA. K. SANGHI

Director DIN - 00002587

Place : MumbaiDate : 15.04.2019

Notes: 1. The above results were taken on record by the Board of Directors and Audit Committee at their Meeting held on 15.04.2019.

Particulars

3 months ended

31/03/2019 (Audited)

Year ended

31/03/2019(Audited)

I. INCOME 4,40,732 8,09,383 12,63,831II. Profit before tax & extraordinary item 16,060 5,49,262 15,653III. Extraordinary Items - - -IV. Profit before tax 16,060 5,49,262 15,653V. Profit/(Loss) after tax for the period 16,060 5,49,262 15,653VI. Paid up Equity Share Capital 30000000 30000000 30000000VII. Earnings per equity share:

(1) Basic 0.05 0.18 0.05(2) Diluted 0.05 0.18 0.05

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED31/03/2019

SANGHI CORPORATE SERVICES LTD.CIN.:- L67190MH1989PLC054086 Tel: 022 -28429501/28422703

Reg. Off.: Bal Moral Apartment, Plot No. 12, Amritvan, Yashodham, Opp. Dindoshi Depot,Goregaon East, Mumbai 400063 Email ID: sanghi_mumbai@yahoo.com

3 months ended

31/12/2018 (Unaudited)

Rs. Rs. Rs.

Corporate Office, 2nd Floor, Plot No. 5, Sec - 32 Gurugram - 122001(A GOVERNMENT OF INDIA UNDERTAKING)

Oriental Bank of Commerce Corporate Office, Gurugram invites e bids from Travel Agent for booking of Domestic & International Air tickets/Rail Tickets & other services for bank staff on Pan India level. All relevant information including details of nodal officers are available on our website www.obcindia.co.in under tender link https://www.tenderwizard.com/OBC.Prospectus bidders can download the RFP from 17-04-2019 and till 08-05-2019 and last date of submission of bid is 08-05-2019 by 15:00hrs. All corrigenda, agenda, amendments, clarification extension of dates etc will be available on our banks website. Prospective bidders are therefore requested to regularly visit Bank's website to keep themselves updates in this regard. Bids will be accepted through online & offline mode.

Date-16-04-2019 Dy.General Manager(HRD)