Muthoot Capital Services Limited — Board Meeting, 22-01-2025: Outcome of Board Meeting

The Debenture Issue and Allotment Committee of Muthoot Capital Services Limited has approved the issue and allotment of Non-Convertible Debentures amounting to ₹100 Crores on a private placement basis. The issuance involves up to 1,00,000 NCDs with a face value of ₹10,000 each. These debentures will carry a coupon rate of 10% per annum, payable monthly, with a tenure of 24 months from the deemed date of allotment on January 28, 2025. They are set to be listed on BSE Limited, indicating a significant opportunity for investors.