Blessed Moments. VOL XVII / ISSUE #3/dec 14 A QUARTERLY UPDATE ON THE LATEST HAPPENINGS AT MUTHOOT GROUP

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1 VOL XVII / ISSUE #3/dec 14 A QUARTERLY UPDATE ON THE LATEST HAPPENINGS AT MUTHOOT GROUP After grappling with regulatory issues and drop in gold loan demand due to slowdown, it is my proud privilege to announce that Muthoot Finance Ltd., the largest gold financing company in India in terms of loan portfolio, has made a vigorous and dynamic new start and is back on the growth track. For us, this was long awaited but not unexpected. We were certain that we will bounce back as our systems and processes are so streamlined. The Company has declared a net profit of `171 crore in the second quarter of FY15 and `351crore for the half year ended September 30, There has been a `392 crore increase in gold loan portfolio during the last quarter and this achievement is clearly the result of the concerted efforts of each and every person in the Company.Our Company s performance during the quarter is a clear indication that our business model is designed to overcome adverse economic conditions and to deliver consistent results. Recently,we acquired equity shares of Asia Asset Finance PLC Colombo (AAF) a listed Financial Company in Sri Lanka, thus raising our total holdings of equity shares to 44.32% of the total number of equity shares of AAF. We have also been appointed as an Authentication UserAgency by UIDAI (Unique Identification Authority of India) to provide Aadhaar Enabled Services to our beneficiaries, clients and customers. During the quarter, we granted 8,43,000 options to the employees as approved by the ESOP Committee of Board of Directors in accordance with the Muthoot ESOP 2013 scheme. The Muthoot Global Money Transfer Ltd., a part of Muthoot Global, the overseas arm of the Muthoot Group launched its web portal for European countries. The customers can collect cash instantly up to `50,000 from 4,500 Muthoot Finance branches across India. They can also avail the facility of transferring money from any bank with more than 85,000 branches across India. In accordance with our commitment to promoting sport in India, we have taken concrete steps towards culmination of our spirit towards Excellence and Perseverance in whatever we do. As the principal sponsor of the 2nd edition of the Muthoot Finance Cochin International Half Marathon, the largest sporting event in Kerala, we are overwhelmed by the response it has fetched. Over 25,000 runners across Kochi are gearing up to participate in the marathon on 07 December The Muthoot Group announced its association with the Hero Indian Super League as the Official Referee and Fair Play Award Sponsor. The company unveiled The Muthoot Group Fair Play Award trophy during a press conference at the Constitution Club, New Delhi. To partner with the Hero Indian Super League goes beyond business as fair play reflects the innate values of the Muthoot brand and the game. The company believes that the concept of fair play extends beyond the game and has resonance and applicability in an individual s day to day life. The association with the tournament will also allow the group to build the referees as brand advocates and ambassadors of fair play. We have also entered into a year-long partnership with WWF-India to work together on elephant conservation, with a special focus on managing human-elephant conflict (HEC) and protecting elephant habitats. For us, it is important to remember that the crucial thing is to be determined to make a wholehearted effort in everything that we do. We should carry on with enthusiasm, maintaining a positive, forward-looking attitude and neverlook back. Warm regards Chairman M.G. George Muthoot Chairman s Message Connecting with Growth Blessed Moments 17th Annual General Meeting 17th Annual General Meeting of Muthoot Finance was conducted at Fine Arts Hall, Ernakulam. (L-R) Justice K John Mathew (Independent Director), Mr. George Thomas Muthoot (Joint Managing Director), Mr. George Alexander Muthoot (Managing Director), Mr. M.G. George Muthoot (Chairman), Mr. K.P. Padmakumar (Executive Director), Mr. George Jacob Muthoot (Jt. Managing Director), Mr. George Joseph (Independent Director), Mr. John K Paul (Independent Director). 01

2 Scholarship Launch Kerala Launch of Muthoot M George Excellence Award for all Government Schools in Kerala was done by Mr. P.K. Abdu Rabb, Minister of Education, Kerala, on 13th October, 2014 at Ernakulam Town Hall. Mr. George Alexander Muthoot, Managing Director, Mr. George Thomas Muthoot, Jt. Managing Director, Mr. K.P. Padmakumar, Executive Director, The Muthoot Group, Mr. Tony Chammany, Hon ble Mayor, Corporation of Cochin, Rev. Fr. Thomas Vaikathparambil, Director, Lissie Hospital Ernakulam, Ms. Subhadravally, DEO, Ernakulam, Mr. Venugopal C Govind, Managing Partner, Varma & Varma Chartered Accountants were present on this occasion. Scholarship Launch Karnataka School Bag Distribution Launch of Muthoot M George Excellence Award for 400 students in Karnataka was done by Mr. George M Alexander, Director, The Muthoot Group along with Dr. Manjunatha, MLA-Mulbagal, Kolar (Karnataka). Mr. George M Alexander, Director, The Muthoot Group distributed Uniform and School Bags to the students of Govt. Higher Primary School, Binnamangala, Karnataka. Water Purifier distribution at Madurai Muthoot Finance launched its new CSR initiative Water purifier for all Schools in Tamil Nadu. Water purifier distribution programme in Madurai was inaugurated by Dr. L Subramaniyan, District collector, Madurai in the presence of Mr. George Jacob Muthoot, Joint Managing Director, The Muthoot Group. Mr. J Angelo Irudhyasamy, Chief Educational Officer, Madurai, Mr. Babu John Malayil, Asst. General Manager, Corporate Communications, Mr. V Suryanarayanan, Regional Manager, Madurai, Muthoot Finance Ltd., were present on this occasion. Muthoot Anbin Nizhal Muthoot Finance Ltd. extended its mobile laboratory services to Tamil Nadu state. Through this programme a fully equipped mobile lab will travel to the rural areas of Tamil Nadu and conduct free blood & urine check up for the prevention and early detection of Kidney related diseases. We have a similar programme in Kerala. Through this programme we have completed 222 programmes benefiting individuals as on November Umbrella Distribution Muthoot Finance Ltd. distributed umbrellas to students of different schools in Kerala state. Distribution of ID cards Muthoot Group distributed Identity Card for the students of Govt. LPS Varkala. The function was inaugurated by Mr. George Jacob Muthoot, Jt. Managing Director, The Muthoot Group. Providing School Band Set Muthoot Finance Ltd. provided School Band set to St. Augustine school, Ernakulam. Mr. Babu John Malayil, Asst. General Manager, Corporate Communications, Mr. Aravindan, Chief Manager, Muthoot Finance Ltd., Ms. Moly Antony, Principal, St. Augustine School, Ernakulam were present on this occasion. 02

3 Financial Literacy Programme Muthoot ATMs Muthoot Finance conducted Financial Literacy classes in Kolar & Anekal (Karnataka). Muthoot M George Excellence Award 2014 Mr. George Jacob Muthoot, Jt. Managing Director, The Muthoot Group distributed Muthoot M George Excellence Awards to ISE & ICSE toppers of Infant Jesus Anglo Indian Higher Secondary School, Thangassery. Mr. Noushad, Deputy Mayor, Kollam, Mr. Babu John Malayil, Asst. General Manager, Corporate Communications, The Muthoot Group, Fr. Silvy Antony were present on this occasion. Muthoot Global Money Transfer Services launched in European Countries via web portal The first Muthoot ATM at Kollam. Muthoot ATM in Medical Centre Hospital, Ernakulam. Mr. George Thomas Muthoot, Jt. Managing Director, The Muthoot Group handed over the prize to Jamal, Mahe Cafe, Kottayam, who is the winner of ATM contest for the month of September. Diwali Celebration at Corporate Office North Diwali Celebration at Corporate Office North was inaugurated by Mr. M.G. George Muthoot, Chairman and Mr. Alexander M George, Director, The Muthoot Group. Flagging off of the Muthoot Money Transfer Special Gold Dhamaka Campaign Thomas Cook. Muthoot Money Transfer division launched a special Gold Dhamaka campaign for their customers in Punjab during the festive season of Diwali. The festival campaign was launched in association with Money Gram and The Muthoot Global Money Transfer Ltd., a part of Muthoot Global, the overseas arm of the Muthoot Group launched it s web portal for European countries. The function was held at Fine Arts India, Vienna, Austria. The website was inaugurated by Mr. K.R. Bijimon, Chief Operating Officer, Muthoot Global in presence of Hon ble Minister Shri. A.P. Anil Kumar, Minister for Welfare of Scheduled Castes & Backward Classes and Tourism, Kerala, Mr. Bobby Varghese, Chief Executive Officer UK Operations, Muthoot Global Money Transfer Pvt. Ltd. and other Senior Officials were present during the occasion. The website will enable the NRIs living in Austria, Italy and Germany to send money to India very cost- effectively and swiftly. Transformation of Muthoot Travelsmart to Travel Jango Muthoot travelsmart was renamed as Travel Jango at a function held at SCMS Kalamassery on 10th November, 2014 in the presence of Mr. George M George, Executive Director, The Muthoot Group, Mr. Sam Cawthorn, Thought Leader and C.E.O., Empowering Enterprises & Mr. Roger Xavier, G.M. Operations, Travel Jango. 03

4 NABH Safe I Accreditation for MGM Muthoot Medical Centre, Pathanamthitta MGM Muthoot Medical Centre, Pathanamthitta received the prestigious NABH Safe I Accreditation for its commitment to unsurpassed quality of healthcare delivery and compliance with the essential standards of Infection Control. MMC, Pathanamthitta thus earns the distinction of being the first hospital in Pathanamthitta District, 8th in Kerala and 15th in India to achieve the accreditation. By upgrading its infection control practices, the healthcare provider has evidenced its zeal and responsibility to the public to provide safe healthcare delivery across all spectrums. Thyroid Camp The Department of General Surgery, Muthoot Medical Centre, Kozhencherry. organized a Thyroid Detection camp. Mr. Dileep Khan, Circle Inspector of Police, Kozhencherry, inaugurated the camp. L to R: Mr.Mathew Kurian, General Manager-Operations, Dr.Mathew Tharian- Consultant ENT Surgeon, Dr.Cherian Mathew,Chief Surgeon. Walkathon-Healthcare walking the talk Muthoot Healthcare, Kozhencherry organized The Walkathon during the Obesity Awareness week in October. The walkathon was flagged off by Mr. Aswith S Karanmail, SI of Police, Aranmula at the hospital campus. The 600 plus strong multi-departmental Walkathon participants comprising Dr. Cherian Mathew, Chief Surgeon, doctors, staff and students walked a course along the main roads of Kozhencherry, visibly spreading awareness on the need to fight and contain obesity. New Specialty Department-Emergency Medicine Focusing on the need to advance the first response system and be better equipped to handle emergencies, acute and non-acute problems, Muthoot Healthcare has strode into the competitive field of Emergency Medicine. The new Emergency Medicine department commenced its services in August, under the expertise of Dr. Vivek R Rejathalal and Dr. Boney Cherian, Specialists in Emergency Medicine. The emergency medicine department plays a pivotal role in the integration of emergency medical services and the coordination of inpatient as well as outpatient care. This 24 hour service department provides a significant amount of acute care treatment and management. By providing collaborative and compassionate care to the full spectrum of patients, this department offers its dedicated services to advancing the health and wellness of the community. The department has already undertaken efforts to integrate training into public service and educate the community on various aspects of emergency medical care. ISO 9001:2008 Quality Management Certification for Muthoot Diagnostics Muthoot Diagnostics an enterprise of the Muthoot Healthcare division, has been awarded the ISO 9001:2008 certification by TUV SUD, the German accrediting agency. Muthoot diagnostics with 18 branches in South and Central Travancore offer quality laboratory and radiology diagnostic services and is the largest radiology diagnostic service provider in Kerala. Dr. Georgie Kurien Muthoot, Executive Director, Muthoot Healthcare handed over the ISO Certificates to Col. (Retd) Ravi Kumar Nair, Chief Operating Officer, Muthoot Diagnostics. Shri. Rajesh Kumar, Chief Finance Manager, Muthoot Healthcare, Mrs. Marykutty V. Ninan, Quality Manager, Muthoot Healthcare, Mr. Mathews John, Chief Manager- Internal Audit, Muthoot Healthcare attended the award ceremony. Infertility treatment for the hopeful Muthoot Healthcare and Bourne Hall Clinic, UK, pioneers in the field of infertility treatment, have signed a Memorandum of Understanding (MoU) to establish a framework to open a collaborative IVF clinic at MGM Muthoot Medical Centre, Kozhencherry. The MOU was officially signed between Mr. Gaurav Malhotra, CEO & MD, Bourn Hall Clinic International and Dr. Georgie Kurien Muthoot, Executive Director, Muthoot Healthcare in the presence of other officials of the two companies. The singularity of this community oriented inspiring initiative in this region will certainly prove to be a boon to the many who seek treatment options for infertility. With the specialised services of UK trained IVF specialists, Embryologists and the Gynaecology department from Muthoot Healthcare supporting this service, world class IVF treatment with top notch facilities and focused research will be available to the suburban community. 04

5 MITS outshines in the MG University Exam for Semester I & II with an outstanding 84.56% pass percentage The Muthoot Institute of Technology and Science (MITS), a centre that excels in imparting education and research in engineering and technology has attained the top position in Semester I & II examination, in the very first attempt itself amongst all the engineering colleges affiliated to the MG University. Obtaining a remarkable pass percentage out of 272 examinees, this state of the art institute ranks first out of the 43 competing engineering colleges affiliated under the University. The institute secured a top position in all the major subjects scoring above 90% in the exam. The MITS students have outshined with securing 100% in Chemistry, 97.8% in Mathematics and Basic Civil Engineering, 97.4% in Basic Mechanical Engineering, 95.6% in Basic Electrical Engineering, 94.6% in Engineering Mechanics, 94.5% in Engineering Graphics and 93.0% in Electronics & Communication and Information Technology. Proposed CSR Activity for Andhra Pradesh, Telangana, Chandigarh & Punjab Swachh Bharat MITS In the wake of Prime Minister Narendra Modi s Swachh Bharat Abhiyan (Clean India campaign) on Gandhi Jayanthi, 2nd October 2014, students of MITS volunteered to clean the campus premises. Physical Education Director Mr. Eldho Joy coordinated the programme. ANNUAL DAY CELEBRATION St. George s School Alaknanda celebrated the Annual day FITNESS MANTRA on 29th November 2014 in the school premises. The day highlighted the importance of exercise and fitness in daily lives. The objective was to develop in the students a sporting spirit and a venue to display their physical prowess. Mr. M.G. George Muthoot, Chairman, The Muthoot Group, His Grace Youhanon Mar Demetrios (Metropolitan Diocese of Delhi) Mr. Pratip Chaudhari, Ex. Chairman, The State Bank of India, were present on this occasion. Indian Super League 2014 The Muthoot Group Fair play award Trophy for the Indian Super League 2014 was unveiled at Constitutional Club, New Delhi. The ISL referee squad mark their grand entry before the match commencement. 05

6 Muthoot Finance Healthy Wealthy Kerala Road Show Flag Off Brand Ambassadors of Muthoot Finance Cochin International Half Marathon 2014 An inclusive ceremony for receiving the Kochi International Half Marathon Torch at head office premises was held on The marathon torch was handed over by Mr. Tony Chammany, Mayor, Corporation of Cochin along with Mr. M. G. George Muthoot, Chairman, Mr. George Alexander Muthoot, Managing Director, The Muthoot Group, Mr. George M George, Executive Director, Muthoot Leisure & Hospitality, Mr. Leno Jacob, Councillor, Cochin Corporation. The occasion was graced with the presence of Ms. Manju Warrier, Cine actress. Mr. K. P. Padmakumar, Executive Director, Mr. K. R. Bijimon, Chief General Manager, Mr. Cherian Peter, Chief Marketing Officer, The Muthoot Group were present on this occasion. The company also undertook a unique promotional campaign called Healthy Wealthy Kerala which will focus on encouraging healthy lifestyle in everyday living. A canter will travel in various towns and districts of Kerala and conduct games related to Health. Congratulations Mr. Alexander M George s/o Mr. M.G. George Muthoot (Chairman, The Muthoot Group) was appointed as a Director of the Board of Directors of Muthoot Finance Ltd. He completed his MBA from Thunderbird University (USA) and an advanced diploma in Business Administration from Florida International University, Miami (USA). He has also served as the President of Indian Subcontinent Club at Thunderbird University and has been a member of various committees at the university. Ms. Pamela Anna Mathew was appointed as the Independent Director of Muthoot Finance Ltd. She holds a Post graduate degree in Economics & Business Administration from Kerala and Cochin Universities. Ms. Pamela Anna Mathew has over 40 years of experience and is a leading industrialist in Kerala and is currently the Managing Director of O/E/N India Limited. She has been awarded the CII award for best Chairperson at national level for outstanding contributions and has served as Chairperson of social development & women empowerment panel for southern region of CII for two consecutive years. Mr. George M Jacob (Director, The Muthoot Group), Mr. K.P. Pamakumar (Executive Director, The Muthoot Group) and other Senior officials along with brand ambassador Mr. Harbhajan Singh and Mr. Mohanlal. Mr. M.G. George Muthoot, Chairman, The Muthoot Group receiving the award for Emerging Business Leader of the year from Mr. Rajnath Singh, Minister of Home Affairs, Government of India. THE MUTHOOT GROUP DIVISIONS Financial Services Hospitality Real Estate Education Healthcare IT Media Forex Money Transfer Wealth Management Precious Metals Power Generation Travel Services Securities Trading Commodities & Currency Trading Plantations Vehicle & Assets Finance Ltd. Customer Care Cell: Tel: , Fax: mails@muthootgroup.com Compiled & Published by Muthoot Group (A Muthoot M George Enterprise), for private circulation. Corporate Office: Muthoot Chambers, Opp. Saritha Theatre Complex, Banerji Road, Kochi , Kerala, India. 06 English