Muthoot Microfin Allots ₹100 Crore NCDs via Private Placement
Muthoot Microfin Limited has allotted 10,000 NCDs worth ₹100 crore via private placement. The allotment was approved by the Debenture Issue and Allotment Committee on January 30, 2026. The NCDs are secured and will be listed on BSE.
The issuance of NCDs is a significant fundraising activity that can impact the company's capital structure and debt levels.
The announcement is a routine debt fundraising activity and does not contain any information that significantly impacts the company's financial performance or outlook.
Muthoot Microfin Limited has announced the allotment of 10,000 Secured, Rated, Listed, Redeemable, Taxable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹100 crore.
The Debenture Issue and Allotment Committee of the company approved this issuance on January 30, 2026, on a private placement basis. This allotment is in line with the approval granted by the Board of Directors on May 8, 2025.
The NCDs are divided into two series: Series I, consisting of up to 5,000 debentures for an aggregate nominal value of up to ₹50 crore, and Series II, also consisting of up to 5,000 debentures for an aggregate nominal value of up to ₹50 crore.
Series I Debentures have a tenure of 24 months with a coupon rate of 9.85% per annum, payable monthly, and are set to mature on December 16, 2027. Series II Debentures have a tenure of 36 months with a coupon rate of 9.95% per annum, also payable monthly, and are scheduled to mature on December 16, 2028.
The NCDs are secured by a first-ranking exclusive charge of 1.05x over the company's receivables. Both series of debentures are proposed to be listed on BSE Limited.
What to do with a filing like this
Muthoot Microfin Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Muthoot Microfin Limited. Read the original for the full detail.