Muthoot Capital Services has raised Rs 50 crore through the allotment of 5000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) each having a face value of Rs 1,00,000, for a tenor of 18 months from the date of allotment, on private placement basis. The NCDs have a coupon rate of 10.00% p.a. payable monthly and are proposed to be listed on BSE. The Debenture Issue and Allotment Committee has on December 27, 2024, approved the allotment of the same.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
