Muthoot Capital Services Allots ₹150 Cr Non-Convertible Debentures

Muthoot Capital Services Limited has announced the allotment of 15,000 Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating up to ₹150 Crores. The allotment was approved by the Debenture Issue and Allotment Committee on September 23, 2026, on a private placement basis. These NCDs carry a coupon rate of 9.25% per annum, payable quarterly, and have a tenure of 24 months, with a deemed maturity date of September 22, 2028. The NCDs are proposed to be listed on BSE Limited. The issuance includes a base issue size of ₹75 Crores and a green shoe option of ₹75 Crores. The NCDs are secured on standard loan receivables and current assets, pari passu with existing secured creditors.