Muthoot Capital Services to issue INR 1.25bn in debentures

Muthoot Capital Services announced the issuance of Non-Convertible Debentures (NCDs) up to INR1.25 billion via private placement, as approved by its Debenture Issue and Allotment Committee on July 9, 2025. The debentures will be listed on the BSE Limited. A total of 12,500 NCDs with a face value of INR100,000 each will be issued, and allotted on July 15, 2025 and maturing on July 15, 2027, with a coupon rate of 9.50% per annum, paid monthly. The debentures are secured by a first-ranking pari passu charge over identified book debts/loan receivables.