Brands
Muthoot Capital reshuffles risk and audit leadership
KERALA: Muthoot Capital Services has tightened its control room. The non-banking finance company has announced changes to its senior management, strengthening its audit and risk functions as regulatory scrutiny sharpens across the sector.
Krishnaraj S has been appointed chief internal auditor for a three-year term with effect from January 22, 2026. A chartered accountant with over 19 years of experience, he brings deep expertise in finance, risk and compliance. Krishnaraj began his career at Bharti Airtel and later held senior risk roles at Nitta Gelatin India, where he designed internal control frameworks and oversaw enterprise-wide risk management. He is also a certified Six Sigma Green Belt professional.
Separately, the company has re-appointed Umadevi Pazhoor Unnikrishnan as chief risk officer for another three-year term starting March 22, 2026. With more than 18 years in banking and financial services, she has worked across credit appraisal, credit risk, market risk and operational risk, alongside experience in finance, MIS, internal audit and statutory compliance.
The changes were disclosed under Regulations 30 and 51 of the SEBI Listing Regulations and communicated to both BSE and NSE.
As lenders brace for tighter oversight and more volatile cycles, Muthoot Capital is signalling a clear message: risk and audit are no longer back-office functions—they sit firmly at the centre of the business.
Brands
Amol Parashar invests in Nisaki Gin as strategic stakeholder
Actor shifts from endorsements to ownership with colour-changing craft gin
MUMBAI: Actor Amol Parashar has taken a spirited new turn off screen, investing in premium liquor label Nisaki Gin as a strategic stakeholder. The move marks a clear pivot from brand ambassador to brand believer, signalling a more hands-on chapter in how the actor engages with businesses.
Best known for his performances in the web series Tripling, the historical drama Sardar Udham, and the streaming title Gram Chikitsalay, Parashar has steadily built rapport with younger audiences. An IIT Delhi graduate, he pairs creative instinct with analytical rigour, and says he prefers partnerships rooted in conviction rather than mere visibility.
That thinking found a match in Nisaki Gin, a homegrown label that quite literally changes colour. The spirit shifts hues when mixed with tonic or citrus, turning every pour into a small spectacle. It is chemistry with character, and a conversation starter in a glass.
“Transformation has always been central to my journey as an actor,” Parashar said. “What drew me to Nisaki was the way it captures that spirit through its evolving hues and layered character. India’s premium spirits space is at an interesting inflection point, and I see this as a long term journey rooted in culture, quality and conviction.”
The brand is built around the philosophy ‘Love Every Hue’, celebrating nuance and layered experiences. In a market where identity and taste are increasingly fluid, the gin’s shifting shades mirror the evolving preferences of modern consumers.
Founder Sanchit Agarwal believes the partnership goes beyond capital. “Amol represents versatility and a strong connect with young audiences, which aligns well with how Nisaki is building its brand. His involvement brings not just investment, but insight as we grow across key markets,” he said.
India’s premium gin segment has gathered pace in recent years, buoyed by curious drinkers and the rise of craft labels. With Parashar now on board, Nisaki appears ready to raise a glass to its next phase, proving that sometimes the most interesting transformations happen off screen.
