ALPHA TRIBE

Muthoot Capital Services LimitedQIP/Rights/Pref., 28-01-2025: Allotment of Securities

28-01-2025 | 05:54 pm

Muthoot Capital Services Limited has approved the allotment of 50,000 rated, listed, senior, secured, redeemable, taxable non-convertible debentures (NCDs) at a face value of ₹10,000 each, aggregating to ₹50 crores. The private placement has a tenor of 24 months with a coupon rate of 10% per annum, payable monthly. The issuance is intended to be listed on BSE Limited, effectively enhancing the company’s financing options while providing regular income to investors through monthly interest payments.

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