Muthoot Capital Services Ltd., (MCSL) was incorporated on 18th February 1994 and obtained its Certificate of Commencement of Business on 23rd March 1994. MCSL was initially registered with an authorised capital of Rs.100.00 lacs which was subsequently increased to Rs.700.00 lacs. MCSL is presently into fund and non fund based activities, with particular focus on the State of Kerala. Since its incorporation, MCSL has been actively involved in secondary and primary market operations. In the secondary market, MCSL through its offices, which are situated at strategic locations in Kerala, has been executing large number of orders for investors of Kerala through Cochin, Coimbatore, Madras and Bombay Stock Exchanges. This in turn has helped the Company to develop a large portfolio of investors who have availed of the Share Discounting and Advance against Shares schemes. The Advance against Shares scheme offered by MCSL enables the investors to take advance against the securities held by them on relatively nominal terms than what is offered by other upcountry finance companies and even many banks. The Share Discounting scheme offers an unique facility of faster pay out on securities sold at Bombay and Madras Stock Exchanges. MCSL offers to purchase the said securities at a discount and gives the payment to the client across the counter. 2008 - Muthoot Capital Services Ltd has informed that Mr. K Parameswaran Nair has resigned from the post of Chief Executive Officer (CEO) w.e.f. February 29, 2008 and Mr. R Manomohanan, has taken charge thereof effectively from March 01, 2008. 2010 - Muthoot Group buys 1% in CSB, to take it to 5%. 2011 - Mr. Anil Kumar R has been appointed as the Chief Financial Officer (CFO) of the Company. -Muthoot Capital Services Ltd Issues Rights in the Ratio of 1:1 2012 -Board has recommended a Dividend of Rs. 3.50 per equity share of Rs. 10/- each. 2013 -Board has recommended a dividend of Rs. 4.00 per equity share of Rs. 10/- each for the year 2013. -Mr. Vinod Panicker has been appointed as a Chief Finance Officer of the company. 2014 -Board has recommended a dividend of Rs. 4.50 per equity share of Rs. 10/- each. -CS.Syamkumar R. has been appointed as a Company Secretary & Head Governance of the Company. 2015 -Muthoot Capital signs MoU with Suzuki Motorcycle 2016 -Muthoot Capital Services re-appoints Thomas George Muthoot as Managing Director. 2017 -The Company has issued Bonus Shares in the Ratio of 1:10. 2020 -Muthoot Pappachan Group ties up with UST Global for `Digital Transformation'. -Muthoot Capital Services Limited (MCSL) partners Hero Electric.