Muthoot Microfin Limited has allotted Non-Convertible Debentures (NCDs) through a private placement. The allotment was approved by the Debenture Issue and Allotment Committee in its meeting held on September 08, 2026.
Key Details of Allotment
- Number of NCDs Allotted: 250,000 (Two Lakh Fifty Thousand)
- Face Value per NCD: ₹10,000 (Indian Rupees Ten Thousand only)
- Total Aggregate Nominal Value: ₹250,00,00,000 (Indian Rupees Two Hundred and Fifty Crores only)
- Form: Dematerialised form
- Type of Security: Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs)
- Type of Issuance: Private Placement
Terms of the NCDs
- Tenure: 24 months
- Date of Allotment: September 08, 2026
- Date of Maturity: September 08, 2028
- Coupon Rate: 9.25% (Nine point Two Five percentage) per annum
- Interest Payment Schedule: Monthly
- Listing: Yes, on BSE Limited
Security Details
- The outstanding principal amount together with accrued interest is secured by a first ranking and exclusive charge of 1.0x over receivables, including present and future receivables ("Company's Receivables").
- The receivables are free from any encumbrances/charge/lien.
Additional Information
- Special Rights/Privileges: Nil
- Default History: No delay in payment of interest/principal for more than three months from due date or default in payment
- Redemption Details: Not Applicable (preference shares redemption not relevant)