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Muthoot Finance Supports Forest Department with Essential Gear to Strengthen Forest Surveillance and Safety

Press Release Tiger reserve

From Left: Mr. Marimuthu – Branch Manager, Anamalai Branch, Muthoot Finance; Mr. R. Sujith IFS – Deputy Director. Parambikulam Tiger Reserve; Mr. Janson Varghese, CSR Manager, Muthoot Finance Ltd; Mr. Geo Basil Paul – Range Forest Officer, Parambikulam Range; Mr. Vijindev -Range Forest Officer, Orukomaban Range; Mr. Sudhin JK – Range Forest Officer, Sungam Range

Palakkad, Kerala, 13 June 2025 – Reaffirming its commitment to environmental conservation and community safety, Muthoot Finance has extended critical support to the Forest Department at Parambikulam Tiger Reserve by providing essential camping and patrolling gear to its frontline protection staff.

As part of the CSR Initiative, Muthoot Finance has provided 200 water-resistant backpacks and 150 pairs of durable trekking shoes, procured from reputed brands to enhance both mobility and endurance during extended patrols. This initiative aims to bolster field-level readiness and surveillance by equipping forest watchers to navigate dense forest interiors more effectively and play a pivotal role in early detection, rapid response, and ongoing protection efforts.”

Located in Kerala’s Palakkad district and spread across 643.66 sq. km, the Parambikulam Tiger Reserve is a vital part of the Western Ghats’ ecological corridor. While the region has maintained strong conservation outcomes, the role of forest staff remains critical in preventing threats like poaching and mitigating occasional man-animal conflict along forest fringes.

Speaking on the occasion, George Muthoot George, Deputy Managing Director, Muthoot Finance, said: “At Muthoot Finance, we believe that sustainability is a shared responsibility. Forest guards are the unsung heroes of conservation, often working in unpredictable and high-risk environments. With the right equipment, they can fearlessly protect our biodiversity while ensuring harmony between forest ecosystems and neighbouring communities. We are privileged to support their efforts.”

The support was extended in collaboration with the Parambikulam Tiger Conservation Foundation (PaTCoF), a statutory body that facilitates CSR partnerships to aid conservation and empower frontline eco-guards.

About Muthoot Finance
Muthoot Finance Ltd, an “Upper Layer NBFC” (NBFC-UL), is the largest gold loan NBFC in India. It serves over 2,00,000 retail customers daily for Gold Loans and Other Loan Products and has about 1,00,000 retail investors in its Non-Convertible Debentures. The company’s equity shares have been listed on the NSE and BSE since 2011. It operates 4,800+ branches across 29 states and union territories and employs over 28,000 people. As of March 2025, its loan assets crossed ₹1,00,000 crore, and it reported a PAT of ₹5,201 crore. Its net worth stood at ₹28,438 crore, and its Capital Adequacy Ratio was 23.71%, significantly above the RBI statutory requirement of 15%.

For more details, please visit: www.muthootfinance.com

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