Corporate News

Muthoot Capital Services secures approval to issue Rs 150 crore in rated, secured debentures As On :16-Sep-26 18:45

Muthoot Capital Services Limited announced that its Debenture Issue and Allotment Committee approved the issuance and allotment of up to Rs 150 crore in Senior, Secured, Rated, Listed, Redeemable, Taxable, Transferrable, Non-Convertible Debentures on a private placement basis, with a base issue size of Rs 75 crore and a green shoe option of Rs 75 crore. The debentures, with a coupon rate of 9.25% per annum, will mature on September 22, 2028, and are expected to be listed on the BSE Limited.