Muthoot Capital Services has allotted 15,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to ₹150 crore on a private placement basis. The allotment was approved by the Debenture Issue and Allotment Committee on June 30, 2026. The NCDs carry a coupon rate of 9.25% per annum, payable quarterly, and are scheduled to be listed on BSE Limited, providing liquidity to investors in the debt capital market.

NCD Allotment Details

The key parameters of the NCD allotment are outlined below:

Security and Terms

The NCDs are secured on a pari passu basis with existing secured creditors on standard loan receivables and current assets, both present and future. The security is held in favour of the Debenture Trustee for the NCD holders. The company must maintain a minimum asset coverage ratio of 1.1 times the value of the outstanding debentures until redemption. In the event of a default in interest or principal payment, the issuer will pay a default interest rate of 1% over and above the coupon rate for the defaulting period.

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.