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Muthoot Microfin LimitedImportant, 28-08-2026: Committee Meeting Updates

28-08-2026 | 06:59 pm

Muthoot Microfin's Debenture Issue and Allotment Committee has approved issuing 250,000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of ₹10,000, totaling ₹250 Cr. These NCDs carry an interest rate of 9.25% per annum, payable monthly, and have a 24-month tenure. They will be listed on BSE Limited and are secured by a first charge on the company's receivables. This issuance aims to raise funds for business operations.

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