Prior Intimation of the Meeting of Debenture Issue and Allotment Committee of the Board of Directors of the Company for Raising of Funds.
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Muthoot Capital Services has informed the stock exchanges that its Debenture Issue and Allotment Committee will meet on Tuesday, April 22, 2025. The agenda includes considering and approving the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The company already has over 20 listed debenture scrip codes on BSE, indicating this is a recurring fundraising activity. No details on the size of the issue, coupon rate, or use of proceeds have been disclosed in this intimation.
This is a routine prior intimation and does not by itself change anything for shareholders. The actual quantum, pricing, and purpose of the NCD issuance will be known only after the committee meeting on April 22, which will determine any impact on existing debenture holders or borrowing costs.