Muthoot Capital allots up to ₹150 crore of secured NCDs at 9.25% for 24 months
As filed · Muthoot Capital Services Limited has informed the Exchange regarding allotment of 15000 Non Convertible Debentures at its meeting held on September 23, 2026
CapitalMixedNotablemateriality 63 out of 100
What happened
FactMuthoot Capital Services’ Debenture Issue and Allotment Committee approved the allotment of 15,000 senior, secured, rated, listed, redeemable, taxable, transferable NCDs through private placement. The NCDs carry a 9.25% annual coupon payable quarterly, have a 24-month tenure, and are proposed to be listed on BSE Limited.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
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Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
Evidence
How CapitSignal classified this
- Reasoning:
- The transaction provides Muthoot Capital with up to ₹150 crore of secured debt funding, while creating a fixed coupon obligation and principal repayment at maturity. The debentures are secured pari passu against standard loan receivables and current assets, subject to a minimum 1.1-times asset coverage ratio.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%