Mumbai, July 3 -- Muthoot Fincorp has announced the public issue of 29 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 290 crore.
The base size issue is Rs 100 crore, with an option to retain over-subscription up to an additional Rs 190 crore (Green Shoe Option) aggregating up to Rs 290 crore.
The issue is scheduled to open on 04 July 2025 and close on 17 July 2025, with an option of early closure or extension.
There are 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months and 72 months with annual, monthly and cumulative interest payment options.
An effective yield (per annum) for the NCD holders in all categories...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.