Muthoot Capital Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/04/2025 ,inter alia, to consider and approve raising of Funds via Debt issue
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Muthoot Capital Services, a Kerala-based NBFC, has informed BSE that its Debenture Issue and Allotment Committee will meet on 22 April 2025 to consider and approve the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The company has not disclosed the issue size, number of NCDs, or coupon rate in this intimation. Muthoot Capital already has over 20 listed debenture and commercial paper scrip codes, indicating that NCD issuance is a regular funding activity for the company. The filing is a standard regulatory disclosure under SEBI LODR Regulations 29(1) and 50(1).
This is a routine debt-raising exercise for the NBFC and is not equity dilutive. Existing shareholders should monitor for the issue size and pricing once announced, as larger NCD issuances can increase the company's overall leverage and interest costs.