Muthoot Capital Approves ₹150 Crore NCD Issuance at 9.25% Coupon

The Debenture Committee approved a private placement of senior, secured, rated, listed NCDs up to ₹150 crore, with a 24-month tenor and 9.25% annual coupon paid quarterly, secured pari passu by loan receivables with a 1.1x minimum asset coverage.