Muthoot Microfin Ltd

šŸ“ˆ Muthoot Microfin Issues ₹71.61 Crore NCDs at 8.5% Interest

- Issuance of up to 7,161 Non-Convertible Debentures (NCDs) at ₹100,000 each

- Total aggregate value: ₹71.61 crore (~USD 7.7 million)

- NCDs are listed, rated, secured, and redeemable

- Tenure: 29 months

- Coupon rate: 8.50% per annum

- Secured by first-ranking charge over company's receivables

- Tentative allotment date: April 28, 2026

- Tentative maturity date: September 30, 2028

- Issued through private placement and listed on BSE Limited