Muthoot Microfin: NCD Correction Issued on ₹75 Crore Offering
Muthoot Microfin Limited has issued a corrigendum to its November 27, 2025 announcement regarding the issuance of securities, clarifying a typographical error in the number of securities mentioned in the covering letter. The company confirmed that the details provided in the annexures remain accurate, while updating the main announcement to reflect the correction.
The corrected disclosure specifies the issuance of 30,000 Secured, Rated, Listed, Redeemable, Taxable Non-Convertible Debentures ("NCDs") with a face value of ₹1,00,000 each, totaling an aggregate nominal value of ₹300,00,00,000. These NCDs are divided into two tranches, each consisting of up to 15,000 debentures, with an aggregate nominal value of up to ₹150,00,00,000 per tranche, to be issued in multiple series.
The initial announcement detailed the approval of 1,50,000 Listed, Rated, Senior, Secured, Transferable, Redeemable Non-Convertible Debentures with a face value of ₹10,000 each (aggregate nominal value ₹150,00,00,000), along with 30,000 Secured, Rated, Listed, Redeemable, Taxable Non-Convertible Debentures at ₹1,00,000 each (aggregate nominal value ₹300,00,00,000). The corrigendum specifically addresses the latter, ensuring clarity on the correct number of these higher-value debentures.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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