Description
BSE announces the listing of secured, rated, redeemable, non-convertible debentures across 5 series by Muthoottu Mini Financiers Limited with varying coupon rates from 9.00% to 10.50%.
Summary
BSE has listed secured, rated, redeemable, non-convertible debentures (NCDs) of Muthoottu Mini Financiers Limited across 5 different series with face value of Rs. 1,000 each. The debentures carry coupon rates ranging from 9.00% to 10.50% per annum with varying maturity periods.
Key Points
- 5 series of NCDs listed with different coupon rates and maturity dates
- All debentures have face value and issue price of Rs. 1,000 each
- Credit rating: [ICRA] A (Stable)
- Market lot: One NCD
- Date of allotment: 29-Aug-25
- First interest payment date: 01-Oct-25 (for most series)
Regulatory Changes
No regulatory changes. This is a standard debt security listing announcement.
Compliance Requirements
Standard compliance requirements for listed debt securities apply to the issuer and market participants.
Important Dates
- Date of Allotment: 29-Aug-25
- First Interest Payment: 01-Oct-25 (Series I, II, III, IV, V)
- Maturity Dates:
- Series I: 28-Feb-27
- Series II: 29-Aug-28
- Series III: 29-Aug-27
- Series IV: 29-Aug-30
- Series V: 29-Aug-30
Impact Assessment
Minimal market impact as this is a routine debt security listing. Provides additional investment options for debt market participants seeking medium-term corporate bonds with decent yields. The ICRA A rating indicates reasonable credit quality for investors.
Impact Justification
Routine debt security listing with no significant market impact