
Loan & Debt18 Aug 2026, 11:14 am
Muthoot Capital Services Approves ₹100 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 ₹100 Crores on a private placement basis. The NCDs will have a tenure of 36 months, a coupon rate of 9.25% per annum payable monthly, and a bullet principal repayment. The issue is secured by a pari passu charge on standard loan receivables and current assets. The NCDs will be listed on BSE Limited. The meeting was held on August 18, 2026.
Key Highlights
- Company approves issuance of ₹100 Cr NCDs via private placement.
- NCDs are Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable.
- Coupon rate is 9.25% p.a. payable monthly, with bullet principal repayment.
- Issue secured by charge on receivables and current assets.
- NCDs to be listed on BSE Limited with a 36-month tenure.
Price Impact
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