Muthoot Microfin Limited informed that the Debenture Issue and Allotment Committee at its meeting held on April 8, 2026, approved issuance of Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) on Private Placement basis, within the limits as approved by the Board of Directors and Shareholders of the Company. Upto 7,161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) of INR 0.1 million each for an aggregate nominal value of INR 716.1 million. The aggregate value of the NCDs is USD 7.7 million, which corresponds to an approximate INR value of INR 716.1 million based on the current exchange rate.
The relevant details of the issuance as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are given. Meeting commenced at 3:00 PM and concluded at 3:20 PM.
Details of the issuance is as follows: Type of securities proposed to be issued: Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs). Type of issuance: Private Placement. Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately): Upto 7,161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) of INR 0.1 million each for an aggregate nominal value of INR 716.1 million (The aggregate value of the NCDs is USD 7.7 million, which corresponds to an approximate INR value of INR 716.1 million based on the current exchange rate).
Size of the issue (approximately): Upto 7,161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) of INR 0.1 million each for an aggregate nominal value of INR 716.1 million (The aggregate value of the NCDs is USD 7.7 million, which corresponds to an approximate INR value of INR 716.1 million based on the current exchange rate). Whether proposed to be listed: Yes, BSE Limited. Tenure of the instrument - date of allotment and date of maturity: 29 months, April 28, 2026 (Tentative Date of Allotment), 29 months from the date of allotment (tentatively September 30, 2028).
Coupon/interest offered, schedule of payment of coupon/interest and principal: 8.5% per annum, Schedule: Quarterly. Charge/security, if any, created over the assets: The outstanding principal amount shall be secured by a first ranking and exclusive charge of 1.00x over (including but not limited to) receivables, including present and future receivables (Company?s Receivables) which are free from any encumbrances/charge/lien.
