Muthoot Capital allots non-convertible debentures on private placement

Muthoot Capital Services has announced the allotment of 10,000 Non-Convertible Debentures (NCDs) via private placement on July 8, 2025. These NCDs, each with a face value of INR 100,000, aggregate up to INR 100 crores. The debentures are rated, listed, unsubordinated, secured, transferable, and redeemable, carrying a coupon rate of 10.35% per annum, payable monthly. The NCDs are scheduled for listing on the BSE Limited. These debentures are secured by a first-ranking, pari-passu charge on the company's receivables, including the loan book and current assets which are at least 1.2 times the outstanding amount of the debentures. The tenure of the instrument is 20 Months and 26 Days, with the maturity date set for April 03, 2027, and principal payments will be made quarterly.