Muthoot Microfin to Raise Rs. 450 Crores via Secured, Rated, Listed, Non-Convertible Debentures

Muthoot Microfin Limited, a leading Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) in India, announced a Rs 450 crore capital raise through a private placement of secured, rated, listed redeemable non-convertible debentures (NCDs). The proceeds will support onward lending, working capital needs, debt repayment/refinancing, and general corporate purposes. The issuance will be undertaken in two phases, with Rs 225 crore each to be raised in December 2025 and January 2026, across six tranches of Rs 75 crore each. The NCDs are rated ‘CRISIL A+/Positive’ and will be listed on BSE in December 2025 and January 2026. KFin Technologies Limited will serve as registrar. The funds will support the Company’s pan-India expansion and reinforce its focus on building a more resilient financial foundation.