Muthoot Microfin Limited has announced the allotment of Listed, Rated, Senior, Secured, Transferable, Redeemable Non-Convertible Debentures (NCDs) worth ₹100 crore, marking a strategic fundraising move for the company.
NCD Allotment Details
The Debenture Issue and Allotment Committee of Muthoot Microfin approved the allotment of 1,00,000 NCDs, each with a face value of ₹10,000, during its meeting held on September 12, 2025.
- The NCDs have been issued on a private placement basis.
- The allotment adheres to all applicable SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including Regulation 30.
Strategic Purpose
While the company has not specified the exact deployment of funds, the allotment of secured NCDs is typically intended to strengthen liquidity, support business expansion, and meet operational funding requirements.
Regulatory Compliance
The announcement was digitally signed by Neethu Ajay, Chief Compliance Officer & Company Secretary of Muthoot Microfin Limited, ensuring compliance with all regulatory and disclosure norms for listed entities.
Summary
- Muthoot Microfin allotted 1,00,000 NCDs worth ₹100 crore.
- Each NCD has a face value of ₹10,000 and was issued via private placement.
- The move follows SEBI regulations and aims to support the company’s financial and operational strategy.
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