
Loan & Debt22 Jun 2026, 07:00 pm
Muthoot Capital Approves ₹150 Cr NCD Issue
AI Summary
Muthoot Capital Services Limited's Debenture Issue and Allotment Committee approved the issuance of Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) up to ₹150 Crores on a private placement basis. The NCDs will have a tenure of 24 months, with a coupon rate of 9.25% per annum, payable quarterly. The principal will be repaid in a bullet payment at maturity on June 29, 2028. The issue is secured by a pari passu charge on standard loan receivables and current assets. The meeting was held on June 22, 2026.
Key Highlights
- Approved issuance of NCDs worth up to ₹150 Crores.
- NCDs are Senior, Secured, Rated, Listed, and Redeemable.
- Coupon rate is 9.25% per annum, payable quarterly.
- Principal repayment is a bullet payment in 24 months.
- Issue to be listed on BSE Limited.
Price Impact
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