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Muthoot Capital Services LimitedImportant, 18-07-2025: Committee Meeting Updates

18-07-2025 | 12:02 pm

Muthoot Capital Services has announced a meeting of its Debenture Issue and Allotment Committee to consider and approve the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. This move is significant as it indicates the company's intent to raise capital through debt. Such funding can be utilized to support operations, expand the lending portfolio, or for general corporate purposes. Issuing NCDs helps diversify funding sources and manage liquidity, which is a crucial aspect for a financial services company like Muthoot Capital.

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