HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Muthoot Capital Services to raise up to Rs 150 crore through NCDs
Jun-23-2026

Muthoot Capital Services is all set to raise up to Rs 150 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis. The debenture issue and allotment committee of the board of directors of the company has approved the issue and allotment of 15,000 senior, secured, rated, listed, redeemable, taxable, transferrable NCDs having face value of Rs 1,00,000 each. The NCDs will carry a coupon rate of 9.25% per annum and a tenure of 24 months. The deemed date of allotment of NCDs is June 29, 2026.

Muthoot Capital Services (MCSL) is engaged in the business of financing for purchase of automobiles, mainly two wheelers, used four wheelers and commercial vehicles against hypothecation of the vehicles and granting of personal / business loans etc.

  RELATED NEWS >>