Muthoot Microfin Limited has informed the Exchange regarding allotment of 5000 securities pursuant to Non Convertible Securities at its meeting held on September 23, 2025
MUTHOOTMF · price
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Muthoot Microfin has allotted 5,000 secured, listed, rated, senior, redeemable NCDs with a face value of ₹1 lakh each, aggregating to ₹50 crore (including a green shoe option of ₹20 crore). The NCDs were issued on a private placement basis and will be listed on BSE. They carry a coupon of 9.80% per annum, payable monthly, with a 36-month tenure maturing on September 23, 2028. The issue is secured by a first-ranking exclusive charge of 1.10x on the company's receivables. The allotment was approved by the Board on May 8, 2025, and the Debenture Issue and Allotment Committee cleared the issuance on September 17, 2025.
This is a routine debt raise to bolster the company's funding base for lending operations, with no dilution to equity shareholders. The 9.80% coupon reflects prevailing market rates for NBFC NCDs and is unlikely to materially impact the stock price.