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Muthoot Microfin raises Rs 66.40 crore through NCDs

08 Aug 2024 Evaluate

Muthoot Microfin has raised Rs 66.40 crore through allotment of 6,640 Secured Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each on private placement. 

The debenture issue and allotment committee of Muthoot Microfin in its meeting held on August 06, 2024 has allotted the same.  

Muthoot Microfin is primarily engaged in providing financial assistance through micro loans to women engaged in small income generating activities.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1010.30
Aditya Birla Capital 402.00
Tata Capital 347.95
Chola Invest & Fin. 1770.25
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