Muthoot Capital Services to issue INR 300 crore green bonds

Muthoot Capital Services Limited's Debenture Issue and Allotment Committee approved the issuance and allotment of Rated, Listed, Senior, Secured, Redeemable, Transferable, Non-Convertible certified "Green" Bonds. This private placement will raise up to INR 300 crores. The decision was made at a meeting held on Monday, October 6, 2025.

The issuance will consist of 30,000 NCDs, each with a face value of INR 1,00,000, totaling up to INR 300 crores. These bonds will have a tenure of 6 years from the deemed allotment date of October 14, 2025, maturing on October 14, 2031. The bonds offer a coupon rate of 8.40% per annum, with monthly coupon and principal payments.

The debentures will be secured by a first ranking pari passu floating charge over loan receivables, maintaining a security cover of 1.1 times. Additionally, a first ranking exclusive charge over DSRA and a first ranking Pari Passu charge over the Escrow Account will be created. The bonds are proposed to be listed on NSE Limited.