Muthoot Finance Limited — Others, 27-06-2025: Security Cover Certificate

Muthoot Finance has maintained a security cover of 1.1 times (market value) against its outstanding listed non-convertible debentures (NCDs), meeting the requirements of the Debenture Trust Deeds. The secured assets include loans, trade receivables, cash and bank balances valued largely at carrying amounts where market valuation is not feasible. Total secured debt stands at Rs 23,551.65 Cr, with other pari-passu secured debt of Rs 59,930.85 Cr. The certificate, verified by independent auditors, confirms the accuracy and adequacy of the security cover offered to debenture holders, providing confidence to investors in the company’s debt servicing capability.