ALPHA TRIBE

Muthoot Capital Services LimitedQIP/Rights/Pref., 23-07-2025: Allotment of Securities

23-07-2025 | 12:56 pm

Muthoot Capital Services has successfully allotted 12,500 Senior, Secured Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of ₹1 Lakh, totaling a fund infusion of ₹125 crore for the company. These NCDs offer a 9.50% annual interest rate, paid monthly, with a 24-month tenure. They are rated, redeemable, taxable, transferable, and will be listed on BSE. This move strengthens the company's financial position.

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