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In a regulatory filing dated December 17, 2024, the company said, “We hereby inform you that the Meeting of Debenture Issue and Allotment Committee of
the Board of Directors of the Company is scheduled to held on Friday, 20th December 2024, to inter alia consider and approve issuance of non convertible debentures (“NCDs”) on private placement basis.”
The meeting will focus on the issuance of the NCDs, as per the requirements under SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.
Established in 1994, Muthoot Capital Services Ltd offers fund based financial services to retail, corporate and institutional customers directly and through the wide network of branches of Muthoot Fincorp Ltd.
The company had reported a net profit of ₹16 crore in the second quarter of fiscal 2025.
Its total Assets under Management reached ₹2,381 crore at the end of the quarter, a 9 per cent rise from the previous quarter. The corresponding quarter’s (Q2 FY24) AUM was at ₹1,767.15 crore.
The total income for the quarter touched ₹109.79 crore and the company disbursed loans amounting to ₹643.50 crore during the quarter.
Shares of Muthoot Capital fell 0.4% to end at ₹356 on Tuesday, ahead of the announcement on the proposed NCD issue.
