Muthoot Capital Services has raised Rs 100 crore through the allotment of 10,000 Rated, Listed, Secured, Redeemable, Senior, Non-Convertible Debentures, each having a face value of Rs 1,00,000, for a tenor of 36 months from the deemed date of allotment, on private placement basis, in accordance with the terms and conditions as mentioned in the transaction documents executed in connection with the issuance. The NCDs have a coupon rate of 10.00% p.a. and will be listed on BSE. The Debenture Issue and Allotment Committee has on December 28, 2023, approved the allotment of the same.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
