Muthoot Microfin confirms commercial paper proceeds utilized for disclosed purposes

Muthoot Microfin Limited submitted a certificate to BSE Limited confirming the utilization of commercial paper (CP) issue proceeds for the quarter ended September 30, 2025. The company stated that proceeds were used for disclosed purposes as outlined in their disclosure document and adhered to other listing conditions. This confirmation is in accordance with Chapter XVII of the SEBI Master Circular no. SEBI/HO/DDHS/PoD1/P/CIR/2024/54, dated May 22, 2024, concerning the issuance and listing of non-convertible securities.

The certificate, signed by Neethu Ajay, chief compliance officer and company secretary, and Praveen T, chief financial officer, specifically addresses the company’s compliance with regulatory requirements regarding the commercial paper framework. The report ensures that the funds raised through CP issuances were deployed as intended within the stipulated period.

Furthermore, a separate certificate pursuant to Chapter XVII of the SEBI Operational Circular dated August 10, 2021, as amended, reiterates that the proceeds from the commercial papers were used for purposes disclosed in the offer documents. This confirms adherence to all listing conditions specified in the chapter.