Muthoot group chairman, MG George Muthoot, died on Saturday, reportedly after falling from the fourth floor of his house. He fell from the fourth floor of his house in Delhi's East of Kailash at around 9 pm on Friday, the police said. He was rushed to Fortis Escort Hospital where he was declared dead during treatment. His postmortem report which was conducted by AIIMS suggests no foul play.
As a chairman of the company, he played a pivotal role in taking Muthoot Finance to new heights, expanding its reach across the country and even overseas especially to the Middle East.
The Muthoot group runs over 20 businesses from gold loans to securities, realty estate to infrastructure, hospitals to hospitality and education. It is headquartered in Kochi making it one of the largest business houses in the state.