Muthoot Capital Services Limited — QIP/Rights/Pref., 26-06-2025: Issue of Securities

Muthoot Capital Services has announced a board meeting on July 3, 2025, to issue up to ₹100 crore of rated, listed, senior, secured, redeemable non-convertible debentures (NCDs) via private placement. The issue consists of 10,000 NCDs with a face value of ₹1 lakh each, offering a 10.35% annual coupon paid monthly, and principal repaid quarterly over a 21-month tenure. The NCDs will be listed on BSE. Proceeds are likely aimed at general corporate purposes, including maintaining security cover through hypothecation of receivables.