Muthoot Microfin Allots ₹150 Crore in NCDs via Private Placement
Muthoot Microfin Limited allotted up to ₹150 crore in Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) on December 16, 2025. The issuance was done via private placement in two series: Series I (₹75 crore, 9.85% interest, 24 months tenure) and Series II (₹75 crore, 9.95% interest, 36 months tenure).
The issuance of NCDs represents a form of debt fundraising, which can impact the company's leverage and financial structure. The amount raised is substantial, suggesting a moderate impact on the company's capital structure.
The announcement is a routine debt issuance and does not contain information that significantly impacts the company's financial performance or market standing in a positive or negative way.
Muthoot Microfin Limited announced the allotment of Non-Convertible Debentures (NCDs) worth up to ₹150 crore on December 16, 2025. This issuance, approved by the Debenture Issue and Allotment Committee and previously by the Board of Directors on May 8, 2025, was conducted on a private placement basis.
The allotment comprises two series. Series I consists of up to 7,500 NCDs with an aggregate nominal value of up to ₹75 crore, carrying an annual interest rate of 9.85% and a tenure of 24 months, maturing on December 16, 2027. Series II includes up to 7,500 NCDs with an aggregate nominal value of up to ₹75 crore, offering an annual interest rate of 9.95% and a tenure of 36 months, maturing on December 16, 2028. Interest payments for both series are scheduled monthly.
The NCDs are Secured, Rated, Listed, Transferable, and Redeemable. The outstanding principal amount is secured by a first-ranking charge of 1.05x over the company's receivables, which are free from any encumbrances.
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Muthoot Microfin Limited filed this with the NSE as a statutory disclosure, categorised under equity 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.