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Home News Muthoot Finance Rs 2,000 cr public issue of NCDs opens on Tuesday

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Muthoot Finance Rs 2,000 cr public issue of NCDs opens on Tuesday

Muthoot Finance Rs 2,000 cr public issue of NCDs opens on Tuesday

Friday, April 7, 2017, 4:49 PM

Company has filed a shelf prospectus for issue of secured redeemable non-convertible debentures of face value of Rs 1,000 each aggregating Rs 1,950 crore and unsecured NCDs of face value of Rs 1,000 each aggregating Rs 50 crore, totaling up to Rs 2,000 crore, Muthoot Finance said in exchange filing. Funds raised through this issue will be utilised primarily for lending activities, company added.
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