Muthoot Microfin has secured approval to raise up to Rs 250 crore through issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs). The Debenture Issue and Allotment Committee of the company, at its meeting held on August 28, 2026, has approved the issuance of up to 2,50,000 NCDs, having face value of Rs 10,000 each, on private placement basis. The NCDs will carry a coupon rate of 9.25% per annum and have a tenure of 24 month. The Deemed Date of Allotment for the NCDs is September 8,2026. The NCDs are proposed to be listed on BSE.
Muthoot Microfin is primarily engaged in providing financial assistance through micro loans to women engaged in small income generating activities.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 1038.95 |
| Shriram Finance | 1034.50 |
| Aditya Birla Capital | 388.55 |
| Chola Invest & Fin. | 1783.80 |
| Muthoot Finance | 2873.00 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: