Muthoot Microfin allots NCDs to bolster financial position

Muthoot Microfin Limited announced the allotment of 7,500 Rated, Unsubordinated, Secured, Listed, Taxable, Transferable, Redeemable Non-Convertible Debentures (NCDs) on November 4, 2025. Each debenture carries a face value of INR 100,000, totaling an aggregate nominal value of INR 75,00,00,000. This private placement was approved by the board of directors on May 8, 2025, and subsequently by the Debenture Issue and Allotment Committee on October 29, 2025.

The NCDs, which mature on November 4, 2027, offer a coupon/interest rate of 9.80% per annum, payable monthly. They are secured by a first-ranking, exclusive, and continuing charge on identified receivables, with the security at all times equal to 1.1 times the outstanding amount of the debentures.

These debentures are proposed to be listed on the BSE Limited, reflecting Muthoot Microfin's adherence to regulatory compliance.