Muthoot Capital Services Limited — Board Meeting, 22-10-2024: Outcome of Board Meeting

Muthoot Capital Services Limited's Debenture Issue and Allotment Committee has approved the issuance of Non-Convertible Debentures worth ₹210 crores through private placement. The issuance consists of rated, secured, and redeemable debentures, with a maturity of 24 months and varying coupon rates of 9.90% and 10.40% per annum. The securities will be listed on BSE Limited, secured by a first-ranking charge on the company's assets, ensuring compliance with regulatory requirements.