Muthoot Capital Services Limited has sold a stressed loan portfolio with a principal outstanding of ₹203.01 Crores to Prasaditya ARC Limited for ₹93.20 Crores. The transaction follows the conclusion of a bidding process conducted under the Swiss Challenge Method prescribed by the Reserve Bank of India. No counter bids were received by the deadline of June 29, 2026, resulting in the base bid remaining unchallenged.

The sale involves the transfer of financial assets as on April 30, 2026. Prasaditya ARC Limited, formerly known as Pridhvi Asset Reconstruction and Securitisation Company Limited, was declared the successful bidder. The company will now proceed to complete the transaction and undertake necessary actions to finalize the transfer.

Transaction Details

The key parameters of the stressed asset sale are summarised below:

The disclosure was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. Deepa Gopalakrishnan, Company Secretary & Compliance Officer, signed the filing on June 29, 2026.

Muthoot Capital Services Limited has approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹150 crore on a private placement basis to raise capital. The Debenture Issue and Allotment Committee sanctioned the issuance of 15,000 NCDs, each with a face value of ₹1,00,000, carrying a coupon rate of 9.25% per annum. This debt issuance is secured and rated, with a tenure of 24 months, and will be listed on BSE Limited.

The NCDs are senior, redeemable, and taxable instruments. Interest will be paid quarterly, while the principal will be repaid in a bullet payment at maturity. The deemed date of allotment is June 29, 2026, with maturity set for June 29, 2028. The security structure includes a charge on standard loan receivables and current assets, held pari passu with existing secured creditors. The company must maintain a minimum asset coverage ratio of 1.1 times the outstanding debenture value until redemption.

In the event of a delay in interest or principal payment beyond the due date, a default interest rate of 1% per annum over the coupon rate will apply. The committee meeting was held on June 22, 2026, at the company's registered office in Kochi. Deepa Gopalakrishnan, Company Secretary & Compliance Officer, filed the outcome with the exchanges pursuant to SEBI regulations.

Key Details of the Issuance

The following table summarises the key terms and parameters of the NCD issuance: