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Muthoot Capital Services gets nod to raise Rs 90 crore via NCDs

06 Dec 2024 Evaluate

Muthoot Capital Services has received approval for the issuance of 9000 Senior, secured, rated, listed, taxable principal protected redeemable non-convertible debentures (NCDs) each having a face value of Rs 1,00,000 aggregating to Rs 90 crore for a tenor of 24 months from the deemed date of allotment, on private placement basis. The Debenture Issue and Allotment Committee at their meeting held on December 5, 2024 has approved the same.   

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


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