ALPHA TRIBE

Muthoot Capital Services LimitedQIP/Rights/Pref., 27-02-2025: Allotment of Securities

27-02-2025 | 06:27 pm

Muthoot Capital Services Limited has approved the allotment of 4,000 rated, listed, senior, secured, redeemable, taxable non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹40 crores. These debentures carry a coupon rate of 10% per annum, payable annually, and will mature in 36 months from the allotment date. The NCDs are set to be listed on BSE Limited. The proceeds are expected to enhance the company's capital structure and support ongoing financial activities.

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