Muthoot Capital Services Limited has informed the Exchange regarding the Meeting of Debenture Issue and Allotment Committee scheduled to be held on July 24, 2025.
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Muthoot Capital Services has informed the stock exchanges that a meeting of its Debenture Issue and Allotment Committee will be held on July 24, 2025. The committee will consider and approve the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The company has multiple existing debenture scrip codes listed on BSE, indicating this is part of its ongoing debt raising activity. No details on the size, tenure, or coupon rate of the proposed NCDs have been disclosed in this intimation.
This is a routine pre-meeting intimation and does not by itself constitute a fundraising event. Shareholders should wait for the post-meeting outcome on July 24 to know the actual NCD size, pricing, and purpose, which could have a marginal impact on the stock depending on the deployment of funds.