StockWatch
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Microfinance Institutions
Board Meeting23 Jun 2026, 04:40 pm

Muthoot Microfin Board Meeting on June 30, 2026 for Debenture Issue

AI Summary

Muthoot Microfin Limited has announced a Board of Directors meeting scheduled for June 30, 2026. The primary agenda items include considering and approving the issuance of Non-Convertible Debentures (NCDs) via private placement up to ₹3,000 Crores and through public issue up to ₹1,000 Crores for the Financial Year 2026-27. Additionally, the board will discuss the scheduling of the Company's Annual General Meeting. This move indicates a significant fundraising plan for the upcoming fiscal year.

Key Highlights

  • Board meeting scheduled for June 30, 2026.
  • To approve Non-Convertible Debenture issuance up to ₹4,000 Crores.
  • Includes private placement and public issue components.
  • Discussion on scheduling the Annual General Meeting.
  • Fundraising plan for FY 2026-27.