ALPHA TRIBE

Muthoot Finance LimitedQIP/Rights/Pref., 12-02-2025: Issue of Securities

12-02-2025 | 09:12 pm

Muthoot Finance Limited has announced a board meeting to approve fund raising of up to ₹21,063.50 crore through the issuance of Redeemable Non-Convertible Debentures via private placement, which may occur in one or more tranches. The securities are intended to be listed on BSE or NSE, with specific details on issue, maturity, interest rates, and security to be determined at the time of allotment. This move is likely aimed at enhancing capital and supporting the company’s financial flexibility.

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