Muthoot Finance will decide on an interim dividend during their meeting on April 10, 2026. Shareholders must be listed by April 13 to be eligible for the payout, which will be distributed within a month of its declaration.

Infosys teams up with Harness for AI-enhanced software delivery, while GAIL seals an LNG deal with Alpha Gas. SRF confronts a tax demand of ₹327.4 crores, and Muthoot Finance sets the interim dividend record date for FY26 on April 13, 2026.

Today, mid and smallcap indices experienced a notable rebound with the Nifty Midcap 100 increasing by 3.1% and Smallcap 100 rising by 3.5%. Notable gainers included Muthoot Finance, which saw a surge of 14%, and GRSE, which jumped 18%. This rally may be linked to a decrease in crude prices and US bond yields.

Muthoot Finance has been issued a significant tax demand of over 970 crores related to ESOPs, TDS, and bad debts. The company plans to challenge this decision, expressing confidence that it won't have any substantial financial repercussions on their overall standing.

Despite robust year-to-date PAT growth for six Nifty 500 stocks, they have experienced significant declines up to 35%, possibly due to the combined impacts of rising crude prices, inflation, and market turbulence. Aegis Vopak, SBFC, IOB, and Muthoot Finance appear to be particularly affected by these pressures.