Muthoot Capital Services has raised Rs 50 crore through allotment of 50,000 Rated, Listed, Senior, Secured, Redeemable, Taxable Non-Convertible Debentures (NCDs) each having a face value of Rs 10,000 for a tenor of 24 months from the date of allotment, on private placement basis. The NCDs have a coupon rate of 10% p.a. payable monthly and are proposed to be listed on BSE. The Debenture Issue and Allotment Committee has on January 28, 2025, approved the allotment of the same.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
