Muthoot Capital Services Limited — Board Meeting, 20-12-2024: Outcome of Board Meeting

Muthoot Capital Services Limited's Debenture Issue and Allotment Committee has approved the issue and allotment of Non-Convertible Debentures (NCDs) up to ₹50 Cr through private placement. The issuance will consist of up to 5,000 NCDs at a face value of ₹1,00,000 each, and the coupon rate is set at 10% per annum, payable monthly. The NCDs are proposed to be listed on BSE Limited with a maturity date of June 30, 2026. This move demonstrates the company's strategic focus on raising funds to bolster its financial position.