Muthoot Microfin Limited — Important, 20-01-2026: Committee Meeting Updates
20-01-2026 | 08:15 pm
20-01-2026 | 08:15 pm
The Debenture Issue and Allotment Committee approved new Non-Convertible Debentures (NCDs) via private placement. This includes 5,000 secured NCDs worth ₹50 Crore at 9.70% interest over 24 months, and 10,000 taxable NCDs worth ₹100 Crore in two series (₹50 Cr each). Series I offers 9.85% for 24 months, and Series II offers 9.95% for 36 months. All NCDs are secured by receivables. Separately, the company cancelled a previously planned ₹150 Crore NCD issuance due to unforeseen circumstances, impacting its overall funding plans as it seeks to raise fresh capital for operations.
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