Muthoot Capital Services Limited — QIP/Rights/Pref., 16-06-2025: Issue of Securities
16-06-2025 | 12:28 pm
16-06-2025 | 12:28 pm
Muthoot Capital Services has announced a board meeting to consider issuing rated, listed, senior, secured, redeemable non-convertible debentures (NCDs) via private placement. The company plans to raise up to ₹50 crore by issuing 5,000 NCDs with a face value of ₹1 lakh each. These NCDs will carry a 10% annual coupon paid monthly, with principal repaid after 24 months. The issue will be listed on BSE. Proceeds are generally aimed at debt management or business expansion, though specifics are not disclosed.
No comments yet. Be the first to comment!
