Muthoot Microfin allots ₹50 crore in non-convertible debentures

Muthoot Microfin Limited announced the allotment of 5,000 listed, rated, senior, secured, transferable, redeemable, non-convertible debentures (NCDs) on September 23, 2025. Each debenture has a face value of ₹1,00,000, totaling an aggregate nominal value of ₹50,00,00,000. This includes a green shoe option of ₹20,00,00,000, executed on a private placement basis.

The allotment follows approval from the board of directors at their meeting on May 8, 2025, and complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The debentures mature on September 23, 2028, and carry a coupon interest rate of 9.80% per annum, payable monthly.

The outstanding principal amount is secured by a first-ranking and exclusive charge of 1.10x over the company's receivables. The debentures are proposed to be listed on BSE Limited.