Muthoot Capital Services Appoints Suneet Nehru as National Head-Four Wheeler

1 min read     Updated on 24 Nov 2025, 07:37 PM
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Overview

Muthoot Capital Services Limited has appointed Mr. Suneet Nehru as the National Head-Four Wheeler, effective November 24, 2025. The appointment was made through a Board Circular Resolution. Mr. Nehru brings over 21 years of experience in sales, marketing, business development, and team management. He previously served as Divisional Manager - POCL at Mahindra & Mahindra Financial Services Limited.

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Muthoot Capital Services Limited , a prominent player in the financial services sector, has announced a significant change in its management team. The company has appointed Mr. Suneet Nehru as the National Head-Four Wheeler, effective November 24, 2025.

Key Appointment Details

Aspect Details
Appointee Mr. Suneet Nehru
Position National Head-Four Wheeler
Effective Date November 24, 2025
Appointment Method Board Circular Resolution

Professional Background

Mr. Nehru brings a wealth of experience to his new role at Muthoot Capital Services. His professional profile includes:

  • Over 21 years of experience in various fields
  • Expertise in sales, marketing, and business development
  • Skilled in team and channel management
  • Proficient in key account management

Previous Role

Prior to joining Muthoot Capital Services, Mr. Nehru held a significant position in another major financial services company:

Previous Company Position
Mahindra & Mahindra Financial Services Limited Divisional Manager - POCL (Punjab/ Himachal Pradesh/ Jammu and Kashmir)

This appointment reflects Muthoot Capital Services' commitment to strengthening its leadership team, particularly in the four-wheeler financing segment. Mr. Nehru's extensive experience is expected to contribute significantly to the company's growth strategies in this area.

The decision to bring Mr. Nehru on board was made through a circular resolution by the Board of Directors, highlighting the importance of this role in the company's organizational structure.

As Muthoot Capital Services continues to evolve in the competitive financial services landscape, strategic appointments like this are crucial for maintaining and enhancing its market position, especially in specialized segments such as four-wheeler financing.

Historical Stock Returns for Muthoot Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+1.18%-1.89%-0.99%-5.15%-23.52%-39.88%
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Muthoot Capital Services Allots ₹150 Crore Green Bonds at 8.40% Coupon Rate

1 min read     Updated on 17 Oct 2025, 11:06 AM
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Overview

Muthoot Capital Services Limited has allotted ₹150 crore worth of green bonds. The company issued 15,000 rated, listed, senior, secured, redeemable, transferable, non-convertible certified Green Bonds on a private placement basis. The bonds have a face value of ₹1,00,000 each, a coupon rate of 8.40% per annum with monthly payments, and a tenure of 6 years from October 17, 2025 to October 17, 2031. They will be listed on NSE Limited. The bonds are secured by a first ranking pari passu floating charge over loan receivables, with a security cover of 1.1 times the outstanding principal amount.

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Muthoot Capital Services Limited has made a significant move in the green finance sector by allotting ₹150 crore worth of green bonds. This strategic decision underscores the company's commitment to sustainable financing and environmental responsibility.

Bond Details

The company has allotted 15,000 rated, listed, senior, secured, redeemable, transferable, non-convertible certified Green Bonds on a private placement basis. Here are the key details of the bond issue:

Parameter Details
Face Value per Bond ₹1,00,000
Total Issue Size ₹150 crore
Coupon Rate 8.40% per annum
Coupon Payment Frequency Monthly
Tenure 6 years (October 17, 2025 to October 17, 2031)
Listing NSE Limited

Security Structure

The debentures are backed by a robust security structure:

  1. A first ranking pari passu floating charge over loan receivables
  2. Security cover of 1.1 times the outstanding principal amount
  3. Charges over Debt Service Reserve Account (DSRA) and Escrow Account

Approval and Allotment Process

The allotment was approved by the company's Debenture Issue and Allotment Committee. The meeting for this approval commenced at 9:30 a.m. and concluded at 10:45 a.m. on October 17, 2025.

Significance of Green Bonds

Green bonds are financial instruments designed to support climate-related or environmental projects. By issuing these bonds, Muthoot Capital Services is aligning its financing activities with sustainable and eco-friendly initiatives, potentially attracting investors who prioritize environmental, social, and governance (ESG) factors in their investment decisions.

Market Implications

This move by Muthoot Capital Services could signal a growing trend in the Indian financial sector towards green financing. It may encourage other companies to explore similar sustainable finance options, contributing to the overall growth of the green bond market in India.

The successful allotment of these green bonds may also enhance Muthoot Capital Services' reputation as a forward-thinking and environmentally conscious financial institution, potentially broadening its investor base and strengthening its market position.

Historical Stock Returns for Muthoot Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+1.18%-1.89%-0.99%-5.15%-23.52%-39.88%
Muthoot Capital Services
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