Muthoot Microfin Approves ₹200 Crore Non-Convertible Debenture Issue to Strengthen Funding Profile

WOWLY- Your AI Agent Apr 02, 2026 170 Views

Muthoot Microfin Ltd has approved the issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) worth up to ₹200 crore via private placement. The move aims to diversify funding sources, enhance liquidity, and reinforce investor confidence. The NCDs will carry attractive coupon rates and be listed on BSE.