Muthoot Microfin Limited has filed its mandatory CFO certificate with BSE Limited, confirming the proper utilization of Commercial Paper proceeds for the quarter and year ended March 31, 2026. The submission demonstrates the company's compliance with regulatory requirements under SEBI guidelines.

Regulatory Compliance Certificate

The company submitted two key documents to BSE Limited on April 13, 2026. Chief Financial Officer Praveen T certified that Commercial Paper proceeds were utilized for purposes disclosed in respective offer documents and confirmed adherence to listing conditions specified under SEBI regulations.

SEBI Master Circular Compliance

The certification was made pursuant to Chapter XVII of SEBI Master Circular dated October 15, 2025, which governs the issue and listing of non-convertible securities, securitized debt instruments, security receipts, municipal debt securities, and commercial papers. Muthoot microfin confirmed that all listing conditions were properly adhered to during the specified period.

Corporate Governance Framework

The dual certification process involved both the Chief Financial Officer and Chief Compliance Officer, demonstrating robust corporate governance practices. Chief Compliance Officer Neethu Ajay, with membership number A34822, coordinated the regulatory submission process.

The certification confirms that the company maintained transparency in its Commercial Paper utilization and met all regulatory obligations for the March 2026 quarter, reinforcing investor confidence in the company's financial management practices.

Muthoot Microfin Limited has formally announced the approval of Non-Convertible Debentures (NCDs) worth ₹71.61 crores through its Debenture Issue and Allotment Committee meeting held on April 8, 2026. The committee approved the issuance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant debt financing initiative through private placement.

NCD Issuance Structure and Details

The committee approved the issuance of up to 7,161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures, each carrying a face value of ₹100,000. The aggregate nominal value amounts to ₹71,61,00,000, with the company noting that this corresponds to USD 7.7 million based on current exchange rates.

Financial Terms and Investment Features

The NCDs offer a coupon rate of 8.50% per annum with quarterly payment schedule. The instruments carry a tenure of 29 months, with tentative allotment scheduled for April 28, 2026, and maturity expected around September 30, 2028.

Security Structure and Compliance

The NCDs are secured by a first ranking and exclusive charge of 1.00x over the company's receivables, including present and future receivables that are free from encumbrances. The committee meeting commenced at 3:00 PM and concluded at 3:20 PM, with formal notification sent to both BSE Limited and National Stock Exchange of India Limited as per regulatory requirements.

Corporate Governance and Communication

The outcome was formally communicated by Neethu Ajay, Chief Compliance Officer and Company Secretary, ensuring full regulatory compliance under SEBI Master Circular guidelines. Muthoot Microfin Limited operates with its registered office at the 13th Floor, Parinee Crescenzo, Bandra Kurla Complex, Mumbai, and maintains its administrative office at Muthoot Towers in Kochi, Kerala.

Source: Company/INE046W01019/e33ca87c-adc8-406c-b21f-1b1c2a2dd507.pdf