ALPHA TRIBE

Muthoot Capital Services LimitedQIP/Rights/Pref., 09-07-2025: Issue of Securities

09-07-2025 | 06:09 pm

Muthoot Capital Services has announced a board meeting approving a private placement of rated, listed, senior, secured, redeemable Non-Convertible Debentures (NCDs) worth up to ₹125 Cr. The issue comprises 12,500 NCDs with a face value of ₹1,00,000 each, carrying a 9.5% annual coupon paid monthly, maturing in 24 months. The allotment date is July 15, 2025, with principal repaid at maturity. The NCDs will be listed on BSE. Proceeds are likely aimed at supporting the company’s financing needs.

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