In furtherance of its letter dated April 18, 2024, Muthoot Finance has informed that the Finance Committee of the Board of Directors of the Company at its meeting held on May 07, 2024, has approved the pricing, tenure and other terms of the Notes under the GMTN Programme (the ‘Issue’). The proceeds of the Notes will be used by the Company for onward lending activities as may be permitted in accordance with the Foreign Exchange Management (Borrowing and Lending) Regulations 2018, the circulars issued thereunder by the Reserve Bank of India (‘RBI’), Master Direction – External Commercial Borrowings, Trade Credits and Structured Obligations dated March 26, 2019 (‘ECB Guidelines’), each as amended, and the approvals granted by the RBI from time to time in this relation, and in accordance with the ECB Guidelines and other applicable law, and any other instructions issued by RBI in this regard. The Company has signed the pricing supplement in this regard on May 07, 2024 and the details of the same are contained in Annexure A. The Company shall make the relevant intimations once the closing and settlement of the Notes are completed. Notes are proposed to be listed on NSE IFSC. The meeting commenced at 10:30 pm (IST) and concluded at 10:45 pm (IST).
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
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