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Muthoot Capital Services gets nod to raise funds up to Rs 50 crore through NCDs

26 Aug 2024 Evaluate

Muthoot Capital Services has received approval from the debenture issue and allotment committee of the Board of Directors for issue and allotment of Non-Convertible Debentures (NCDs) up to Rs 50 crore on Private Placement basis within the limits for issue and allotment as approved by the Board. Deemed Date of allotment will be August 30, 2024. The maturity of the said NCDs will be on February 28, 2026. 

Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.

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