The issuance will be undertaken in two phases, with Rs 225 crore each to be raised in December 2025 and January 2026, across six tranches of Rs 75 crore each. The NCDs are rated “CRISIL A+/Positive”, reflecting adequate safety, low credit risk, and the potential for a rating upgrade.

Available in denominations of Rs 10,000 and Rs 1,00,000, the instruments carry 24-month and 36-month tenures with monthly interest pay-outs, providing predictable cash flows for institutional investors. The NCDs are secured by an exclusive first-ranking charge over the Company’s receivables with a 1.05x security cover, backed by present and future unencumbered assets.

This issuance is expected to strengthen Muthoot Microfin’s medium-term capital base and enhance its lending capacity in the microfinance sector. The funds will support the Company’s pan-India expansion, while reinforcing its focus on building a more resilient financial foundation. As part of its forward-looking strategy, the Company is also set to roll out new initiatives, including expanding its participation in capital market funding, aimed at accelerating growth in an increasingly competitive environment.

The NCDs will be listed on BSE in December 2025 and January 2026, enabling liquidity for investors. KFin Technologies Limited will serve as registrar. Interest payments will be subject to TDS under Section 193 of the Income Tax Act. The issuance underscores Muthoot Microfin’s commitment to strengthening its balance sheet while advancing financial inclusion nationwide.

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Bengaluru, July 4, 2025: Muthoot FinCorp Limited (“MFL” or “Company”), the flagship company of the 138-year-old Muthoot Pappachan Group (Muthoot Blue), has announced the launch of the secured and redeemable non-convertible debentures (“NCDs”) with a face value of Rs.1,000 each, scheduled to open on Friday, July 04, 2025.

The Tranche VI Issue has a base size of Rs.10,0 crore with green shoe option of Rs 190 crore , aggregating to Rs.290crore (“Tranche VI Issue“). The NCDs under the Tranche VI Issue are being offered with maturity/tenure options of 24, 36, 60 and 72 months, with monthly, annual and cumulative interest payment options. Effective yield (per annum) for the NCD holders in all categories of investors ranges from 9.20% to 9.80%.

This offering is intended to support lending, financing and for repayment/prepayment of interest and principal on existing borrowings, and to meet general corporate requirements. Muthoot FinCorp aims to raise up to of Rs.290 crore which is within the Shelf Limit of 2000 crore.

The NCD Tranche VI will be available to the public from Friday, July 4, 2025 to Thursday, July 17, 2025, subject to early closure with prior approval of the Board of Directors or the Stock Allotment Committee of the Company, and as per applicable regulation under Regulation 33A of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended (SEBI NCS Regulations).

These NCDs have been rated “Crisil AA-/Stable” (pronounced as Crisil double A minus rating with a Stable outlook) by Crisil Ratings Limited, reflecting the high degree of safety regarding timely service of financial obligations. It is proposed that these NCDs will be listed on the debt market segment of the BSE.

All individual investors applying through intermediaries (viz. syndicate members, registered stock brokers, registrar to an issue and transfer agent and depository participants), where the application amount is upto ₹ 5 lakh, shall only use UPI for the purpose of blocking of funds and provide his/ her bank account linked UPI ID in the bid-cum-application form submitted with intermediaries. However, individual investors shall continue to have the choice of availing other modes (viz. through SCSBs and Stock Exchange Platform) for making an application in the public isuue. Muthoot FinCorp has accelerated ease of investments through the Muthoot FinCorp ONE app, where customers can invest at any time and from anywhere. The UPI investing through an app reinforces the firm’s strong offline network of 3,700+ branches.

“We are delighted to introduce our new NCD series, presenting investors with a safe, high-return investment proposition. With easy accessibility via our extensive network of more than 3,700 branches, digital platform Muthoot FinCorp ONE (for investments of up to Rs.5Lakh), and partner ecosystem, this launch is a further testimony to our promise of bringing innovative, inclusive, and customer-centric financial solutions that address the changing needs of modern-day investors.” said Shaji Varghese, CEO – Muthoot FinCorp Limited.

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Signature Global’s board approved the raising of funds by issuance of Secured Listed Redeemable Non-Convertible Debentures (NCDs), for an amount not exceeding Rs 875 crore on private placement basis, in one or more tranches.

When contacted, Signature Global Chairman Pradeep Kumar Aggarwal told PTI, “We have taken the approval of board to raise funds. We will also seek shareholders approvals.”

He said the company will use Rs 450 crore to refinance its existing debt while the remaining amount will be for business growth.

Aggarwal said the company is targeting to raise funds by the end of August, subject to shareholders’ approval.

On Wednesday, the board also approved the notice of postal ballot for seeking shareholders’ approval for issuance of NCDs, enhancement of borrowing limit, enhancement of limit for creation of security and alteration of Articles of Association of the company.

Gurugram-based Signature Global is one of the leading real estate developers in the country.

In 2024-25 financial year, the company emerged as the fifth largest listed real estate firm in terms of sales bookings. The company sold properties worth Rs 10,290 crore in the last fiscal and is targeting Rs 12,500 crore pre-sales in the current financial year.

Signature Global started its business to develop affordable housing projects, but now it is focusing on mid-income, premium segments because of the high land cost in Gurugram.

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National, January 09, 2025: Nido Home Finance Limited, a leading player in the Housing Finance sector, announces the success of its recent Non-Convertible Debenture (NCD) issuance, which was significantly oversubscribed. The issue of non-convertible debentures of face value ₹1000 each (“NCDs”), amounting to ₹ 500 million, with a green shoe option of up to ₹ 500 million, aggregating up to ₹ 1,000 million (“Issue”). The Issue opened on Tuesday, December 17, 2024, and closed on Tuesday, December 31, 2024, and was oversubscribed 2.05 times. The NCD aimed to raise funds that will be used for onward lending to home buyers.

This milestone underscores the trust and confidence that investors have placed in the company’s robust asset-light business model and long-term growth prospects in the affordable housing space. This issue was Nido’s fifth successful public NCD issuance in just the past year and a half. The management at Nido Home Finance remains committed to enhancing stakeholder value in the future by leveraging strategic co-lending partnerships to grow its business and continuing to invest in future-fit capabilities such as tech and analytics.

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Mumbai, January 07, 2025: Edelweiss Financial Services Limited (“EFSL”/ “Company”), today announced the public issue of Secured Redeemable Non-Convertible Debentures (“NCDs”) of the face value of ₹ 1,000 each for an amount up to ₹ 1,000 million (“Base Issue Size”), with a green shoe option of up to ₹ 1,000 million, cumulatively aggregating up to ₹ 2,000 million (“Issue Limit”).

The Issue has twelve series of NCDs carrying fixed coupons and having a tenure of 24months, 36months, 60months, and 120 months with annual, monthly, and cumulative interest options. Effective annual interest yield on the NCDs ranges from 9.50% p.a. to 11.00% p.a.

The Issue is scheduled to open on Tuesday, January 7, 2025, and close on Monday, January 20, 2025**

At least 75% of the funds raised through the Issue will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the Company and the balance amount would be utilized for general corporate purposes, subject to such utilization not exceeding 25% of the amount raised in the Issue, in compliance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended from time to time (“SEBI NCS Regulations”).

The NCDs proposed to be issued under the Issue have been rated “CRISIL A+/Negative (pronounced as CRISIL A plus rating with Negative outlook)”.

Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited# and Tipsons Consultancy Services Private Limited are the Lead Managers to the Issue. The NCDs will be listed on BSE Limited to provide liquidity to the investors.

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The NCD Tranche III will be open to the public from December 23, 2024 to January 6, 2025, subject to early closure upon approval from the Board of Directors or the Stock Allotment Committee of the Company, and in accordance with applicable regulations under Regulation 33A of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended (SEBI NCS Regulations).

All individual investors applying through intermediaries (viz. syndicate members, registered stockbrokers, registrar to an issue and transfer agent and depository participants), where the application amount is upto ₹ 5 lakh, shall only use UPI for the purpose of blocking of funds and provide his/ her bank account linked UPI ID in the bid-cum-application form submitted with intermediaries. However, individual investors shall continue to have the choice of availing other modes (viz. through SCSBs and Stock Exchange Platform) for making an application in the public issue. With the Muthoot FinCorp ONE app customers can invest in NCDs easily anytime, anywhere at the comfort of their homes as well as through the wide network of our 3600+ branches. Alternatively, customers can use the UPI based investing mechanism that is present in our NCD Module.

These NCDs have been rated CRISIL AA-/Stable (pronounced as “CRISIL double A minus with a Stable outlook”) by CRISIL Ratings Limited, indicating a high degree of safety for timely servicing of financial obligations. It is proposed that these non-convertible debentures will be listed on the debt market segment of the BSE.

“We are happy to launch the NCD Tranche III of NCDs. With multiple tenure options, interest payout options and coupon rate upto 10.10%, one can invest in these secured NCDs through UPI Mechanism where the application amount is upto Rs. 5 lakh as per SEBI NCS Regulations through Muthoot FinCorp ONE app or through Muthoot FinCorp’s 3600+ branches across the country”, said Shaji Varghese, CEO of Muthoot FinCorp Limited.

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The issue is scheduled to open on Friday, September 6, 2024 and close on Thursday, September 19, 2024**, with an option of early closure or extension in compliance with the Securities and Exchange Board of India Issue and listing of (Non-Convertible Securities) Regulations 2021, as amended (“SEBI NCS Regulations”).

Allotment, in consultation with BSE Limited (the “Designated Stock Exchange”), shall be made on the basis of the date of upload of the application into the electronic book of BSE Limited. However, on the date of oversubscription and thereafter, the allotment shall be made to the applicants on a proportionate basis***

The offering will include up to 30,00,000 non-convertible debentures (“NCDs” or “Debentures”), each with a face value of ₹ 1,000. The base size issue is 15,000 Lakh (“Base Issue”), with an option to retain over-subscription up to an additional 15,000 Lakh (“Green Shoe Option”) aggregating up to ₹ 30,000 Lakh (“Issue” or “Issue Size”).

At least 90% of the net proceeds raised through this Issue will be used for the purpose of onward lending and Maximum 10% is proposed to be utilized for general corporate purposes.

The NCDs proposed to be issued under the Issue have been rated “CARE AA-/Stable” (pronounced as CARE Double A Minus; Outlook: Stable)”. Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.

Nuvama Wealth Management Limited is the Lead Manager of this Issue. The NCDs will be listed on BSE Limited to provide liquidity to the investors.

The minimum application size for each application for NCDs would be ₹ 10,000 across all series collectively and in multiples of ₹ 1,000 thereafter.

The NCDs are available in tenors of 24 months, 36 months and 60 months with quarterly, cumulative and annual interest payment options across five series

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Bengaluru, August 29, 2024: Muthoot FinCorp Limited (MFL or “Company”) the flagship company of 137-year-old Muthoot Pappachan Group (Muthoot Blue) has announced Tranche I series of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each (“NCDs”) to raise an amount aggregating to Rs 350 crore which is within the shelf limit of Rs 2000 crore. This is the 17^th issuance from the Company. The Tranche I issuance amounts to Rs 100 crore (“Base Issue Size”) with a green shoe option of Rs 250 crore aggregating up to Rs 350 crore (“Tranche I Issue Limit”) (“Tranche I Issue”). The Tranche I  Issue with a face value of Rs 1,000 has been open to public from August 28, 2024 and closes on September 10, 2024 subject to an early closure as may be approved by our Board of Directors or the Stock Allotment Committee thereof of the Company, and subject to relevant approvals, in accordance with the Regulation 33A of the Securities and Exchange Board of India (Issue And Listing Of Non-Convertible Securities) Regulations, 2021, as amended (SEBI NCS Regulations).

The NCDs under the Tranche I Issue are being offered with maturity/tenure options of 24,36,60,72 and 92 months, with monthly, annual and cumulative payment options across different Options – I, II, III, IV, V, VI, VII, VIII, IX, X, XI, XII and XIII from which the customers can conveniently choose. Effective yield (per annum) for the NCD holders in all categories of investors ranges from 9.38% to 10.10%. The NCDs issued under NCD Tranche I have been rated at CRISIL AA-/Stable (pronounced as CRISIL double A minus rating with a Stable outlook) by CRISIL Ratings Limited and is proposed to be listed on the debt market segment of BSE. The funds raised through the Tranche I Issue will be used for onward lending, financing, and for repayment/prepayment of interest and principal of existing borrowings of our Company and for the general corporate purposes.

“We are happy to share the new series of NCDS which comes with attractive interest rates, tenure options for investors and flexibility in interest payout options. The investors can invest through the 3700+ branches of Muthoot FinCorp across the country or easily via our mobile app Muthoot FinCorp ONE (upto Rs. 5lakhs) at the convenience of their homes.”, said Shaji Varghese, CEO – Muthoot FinCorp Limited.

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