Muthoot Microfin Limited has announced that its Debenture Issue and Allotment Committee will convene on April 8, 2026, to deliberate on fund raising through the issuance of Non-Convertible Debentures (NCDs). The meeting has been scheduled in compliance with Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Purpose

The committee meeting is specifically convened to consider and approve fund raising by issuance of Non-Convertible Debentures on a private placement basis. This corporate action represents a potential debt financing initiative by the microfinance company.

Regulatory Compliance

The company has formally intimated both major stock exchanges about the scheduled meeting. The notification was sent to BSE Limited and National Stock Exchange of India Limited on April 2, 2026, pursuant to Regulation 50(1) of the SEBI Listing Regulations.

Corporate Information

Muthoot Microfin Limited operates as a microfinance institution with its registered office located at the 13th Floor, Parinee Crescenzo, Bandra Kurla Complex, Mumbai. The company maintains its administrative office at Muthoot Towers in Kochi, Kerala. The formal intimation was signed by Neethu Ajay, who serves as the Chief Compliance Officer and Company Secretary of the organization.

The scheduled committee meeting represents a significant corporate development as the company explores debt financing options through the private placement of Non-Convertible Debentures, subject to committee approval and regulatory compliance.

Muthoot microfin Limited has successfully secured shareholder approval for the issuance of ₹2000 crore debentures through private placement, following a postal ballot process that concluded on March 16, 2026. The special resolution received overwhelming support from shareholders, with the company formally notifying stock exchanges BSE and NSE about the voting results and outcome under SEBI regulations.

Postal Ballot Results

The voting results revealed decisive shareholder support for the debenture issuance proposal, as confirmed by the scrutinizer's report. The comprehensive voting breakdown demonstrates the extent of approval across different shareholder categories.

Category-wise Voting Pattern

The voting pattern across different shareholder categories demonstrated broad-based support for the proposal. Promoter and promoter group shareholders showed unanimous support with 100% votes in favour, while institutional and non-institutional public shareholders also voted favourably.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements under SEBI (LODR) Regulations 2015, with formal intimation sent to both BSE Limited and National Stock Exchange of India Limited. The postal ballot was conducted entirely through remote e-voting process, with CS Puzhankara Sivakumar of SEP & Associates serving as the appointed scrutinizer.

Voting Process and Timeline

The postal ballot process was conducted entirely through NSDL's remote e-voting platform, following regulatory guidelines under the Companies Act, 2013. The company dispatched the postal ballot notice dated February 12, 2026, to eligible shareholders whose names appeared on the register as of the cut-off date of February 6, 2026.

The remote e-voting facility commenced on February 13, 2026 at 09:00 AM and concluded on March 14, 2026 at 05:00 PM. The company published advertisements in Business Standard (English) and Navarashtra (Marathi) newspapers on February 13, 2026, ensuring proper disclosure and transparency.

Debenture Issuance Framework

The approved resolution enables Muthoot Microfin Limited to issue debentures worth ₹2000 crore through private placement. The debentures can be issued in one or more tranches or series from time to time, providing the company with flexibility in its fundraising approach based on market conditions and business requirements. The scrutinizer confirmed that the resolution was passed with the requisite majority, meeting all regulatory requirements under the Companies Act, 2013 and SEBI regulations.