Muthoot Microfin Board to Consider ₹4,000 Crore NCD Issue in FY27
Muthoot Microfin Limited has called a board meeting on June 30, 2026, to consider raising up to ₹4,000 crore through NCDs in FY27, split between ₹3,000 crore via private placement and ₹1,000 crore via public issue. The board will also take up the scheduling of the company's Annual General Meeting, with the Debenture Issue and Allotment Committee to be authorised for overseeing the issuance process.

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Muthoot Microfin Limited has scheduled a board meeting for June 30, 2026, to consider raising funds through the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹4,000 crore. The proposed fundraising comprises ₹3,000 crore via private placement and ₹1,000 crore through a public issue during the financial year 2026-27. The board will also deliberate on the proposal for scheduling the company's Annual General Meeting.
The meeting has been convened under Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It will seek approval to authorise the Debenture Issue and Allotment Committee, which will oversee the issuance process for the proposed NCDs.
Proposed NCD Issuance Breakup
The following table outlines the proposed breakup of the NCD issuance:
| Issuance Mode: | Amount (₹) |
|---|---|
| Private Placement: | 3,000 crore |
| Public Issue: | 1,000 crore |
| Total: | 4,000 crore |
In addition to the fundraising proposal, the board will consider the scheduling of the Annual General Meeting. The intimation was signed by Neethu Ajay, Chief Compliance Officer and Company Secretary of Muthoot Microfin Limited.
Historical Stock Returns for Muthoot Microfin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | +1.00% | +24.27% | +25.40% | +51.48% | -18.73% |
How will the proceeds from the ₹4,000 crore NCD issuance be allocated to support Muthoot Microfin's growth strategy?
What impact will the new debt have on the company's leverage ratios and interest coverage metrics?
What coupon rates is the company targeting given the current interest rate environment and credit outlook?































