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Founded in April 1992, Muthoot Microfin Limited, a subsidiary of Muthoot Pappachan Group, provides micro-loans to female customers with a focus on rural regions in India
Muthoot Microfin's Debenture Issue and Allotment Committee has approved issuing 250,000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of ₹10,000, totaling ₹250 Cr. These NCDs carry an interest rate of 9.25% per annum, payable monthly, and have a 24-month tenure. They...
Muthoot Microfin Limited has announced a meeting of its Debenture Issue and Allotment Committee on Friday, August 28, 2026. The committee will convene to consider and approve a crucial fund-raising initiative. This involves the issuance of Non-Convertible Debentures (NCDs) through a private placement. This strategic move aims to enhance the...