Muthoot Capital Services Limited — Board Meeting, 15-02-2025: Outcome of Board Meeting

The Debenture Issue and Allotment Committee of Muthoot Capital Services Limited has approved the issuance of Non-Convertible Debentures (NCDs) up to ₹50 Crores through private placement. The NCDs will consist of 5000 debentures with a face value of ₹1,00,000 each, offering an annual coupon rate of 10% payable annually. The maturity date is set for February 24, 2028. This move indicates the company’s strategy to raise funds, potentially enhancing its liquidity position and supporting future growth initiatives.