The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on October ....

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

MUTHOOTCAP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹274.00

prior close

₹273.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+1.4% vs market

Non Banking Financial Company (NBFC) peers, median of 200sector-0.8%+1.0% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.0 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.1

15m

-0.7

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-1.1+1.4-0.8+1.0

Next day

+0.3-0.1+0.5-0.3+0.6

-6.6+0.4-6.9-0.1-6.5

-6.9-0.1-6.7-0.6-6.2

-6.9+0.9-7.8-0.4-6.6

-7.3+1.9-9.2+1.5-8.8

-6.6+1.1-7.6+0.2-6.8

15d

+0.2+0.2-0.1-0.5+0.7

+0.1+0.7-0.7-0.1+0.1

+0.5-4.0+4.5-4.5+5.0

+0.7-7.0+7.7-8.1+8.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 200Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The three promoter shareholders of Muthoot Capital Services — Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot — have given a non-disposal undertaking in favour of Vardhman Trusteeship Pvt Ltd (acting as security trustee), encumbering 28,25,896, 28,07,822 and 27,05,524 shares respectively. Together this covers 51% of promoter shareholding (around 26% of total share capital). The encumbrance is connected to the company's issuance of 15,000 secured, listed, senior, redeemable non-convertible debentures (NCDs) worth ₹150 crore, classified as 'green debt securities' and rated CRISIL AA+(CE), partly guaranteed by GuarantCo Ltd. Each promoter has also committed to keep their combined stake above 51% of the company. The bond proceeds will be used by Muthoot Capital Services for on-lending to customers for buying new electric vehicles.

Likely market impact

This is a routine disclosure tied to a green bond raise rather than any financial distress — the encumbrance is a non-disposal undertaking, not a lender-invoked pledge. However, locking up 51% of promoter holdings does restrict the promoters' ability to trim or exit their stake, which slightly reduces flexibility for any future block deal or sell-down.