Muthoot Capital Services Limited — Important, 26-06-2025: Committee Meeting Updates

Muthoot Capital Services Limited has announced a board meeting outcome approving a private placement of rated, listed, senior, secured, redeemable Non-Convertible Debentures (NCDs) up to ₹100 Cr. The issue will comprise 10,000 NCDs with a face value of ₹1 lakh each, tenure of 21 months, and an annual coupon rate of 10.35% payable monthly. Principal will be repaid quarterly. These debentures will be listed on BSE and secured by a first-ranking charge on book debts and loan receivables, maintaining a security cover of at least 1.2 times the redemption amount plus accrued interest throughout the tenure.