Muthoot Capital Services Considering Raising Funds Through Fresh Debt Issue
By HDFC Sky | Published at: Jul 18, 2025 02:15 PM IST
Kochi, July 18 – Muthoot Capital Services Ltd (NSE: MUTHOOTCAP) has scheduled a meeting of its Debenture Issue and Allotment Committee on July 24, 2025, to consider a proposal for raising funds through a fresh debt issue. This move is part of the company’s ongoing strategy to strengthen its capital base and support future lending operations. The plan to raise capital will support flexibility and expansion, especially in the two-wheeler and vehicle finance verticals.
This comes amid a series of recent capital market activities by the company, including issuance multiple tranches of non-convertible debentures (NCDs) and commercial paper placements.
Muthoot Capital Stock Performance
The stock traded at ₹351.40 (0.13% higher than the previous day’s close). The high-low range for the day remained between ₹344 and ₹ 355. The share is slowly moving towards the 52-week high of ₹405.75.
Meeting Highlights
| Particulars | Details |
|---|---|
| Company | Muthoot Capital Services Limited |
| NSE Symbol | MUTHOOTCAP |
| ISIN | INE296G01013 |
| Face Value | ₹10 per share |
| Meeting Type | Committee Meeting |
| Committee Name | Debenture Issue and Allotment Committee |
| Meeting Date | July 24, 2025 |
| Agenda | Fundraising through Debt Issue |
| Trading Window | Closed from July 18 to August 7, 2025 |
Recent Fundraising Actions
Muthoot Capital has been actively engaged in structured fundraising in FY26. It has already executed multiple allotments of NCDs, supporting its balance sheet and lending plans:
| Date | Security Type | Quantity Issued | Purpose |
|---|---|---|---|
| 08-Jul-2025 | NCDs | 10,000 units | Working capital |
| 09-Jul-2025 | Fresh approval | For further issuance | Expansion and liquidity |
| 17-Jun-2025 | NCDs | 5,000 units | Portfolio diversification |
| 09-Jun-2025 | NCDs | 75,000 units | Lending operations |
| 30-May-2025 | NCDs | Approved | Debt profile optimization |
Additionally, the company has tapped commercial papers and securitisation, indicating a diversified approach to meet funding requirements.
Past Shareholder-Focused Actions
| Date | Corporate Action | Details |
|---|---|---|
| 12-Jun-2017 | Bonus Issue | 1:10 ratio |
| 17-Mar-2016 | Interim Dividend | ₹5.50 per share |
| 31-May-2016 | AGM Book Closure | AGM proceedings |
Strategic Context
The upcoming meeting reflects Muthoot Capital’s intent to maintain momentum in its asset growth while preserving a prudent capital structure. The company recently crossed the ₹3,000 crore mark in AUM and is enhancing its ESG credentials with a rating received this month.
About the Company
Muthoot Capital Services Ltd is a non-banking financial company (NBFC) primarily involved in two-wheeler, used vehicle, and consumer durable financing. It operates under the Muthoot Pappachan Group and is listed on NSE and BSE. The company continues to focus on underserved and semi-urban markets, leveraging structured debt instruments to support its long-term expansion goals.
REF: https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_60103_1486163_18072025120336_WEB.xml
https://www.nseindia.com/get-quotes/equity?symbol=MUTHOOTCAP
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