ALPHA TRIBE

Muthoot Capital Services LimitedBoard Meeting, 13-11-2024: Outcome of Board Meeting

13-11-2024 | 02:25 pm

The Debenture Issue and Allotment Committee of Muthoot Capital Services Limited has approved the issue and allotment of Non-Convertible Debentures (NCDs) up to ₹50 crores on a Private Placement basis. This comprises a total issue of 50,000 NCDs, each with a face value of ₹10,000, and includes a Green Shoe Option of ₹25 crores. The coupon rate is set at 10% per annum, with interest payable monthly. The debentures will be listed on BSE Limited, with a maturity date of November 20, 2026.

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