Muthoot Capital Services Limited — QIP/Rights/Pref., 29-10-2024: Allotment of Securities

Muthoot Capital Services Limited has approved the allotment of 1,00,000 senior secured, rated, listed, redeemable, taxable non-convertible debentures (NCDs) on a private placement basis, amounting to Rs. 100 crores. Each NCD has a face value of Rs. 10,000 and a coupon rate of 9.90% per annum, with a tenure of 24 months. The NCDs will be listed on BSE Limited and are backed by a first ranking pari passu charge over the issuer's assets.