Description

BSE announces listing of two series of debt securities issued by Muthoot Fincorp Limited on private placement basis, totaling 17,500 debentures worth Rs. 175 crore.

Summary

BSE has listed two new series of debt securities issued by Muthoot Fincorp Limited on private placement basis, effective November 6, 2025. The first series consists of 10,000 debentures (ISIN: INE549K07HA9) with 9.15% interest rate maturing on October 29, 2028. The second series consists of 7,500 debentures (ISIN: INE549K07HC5) with 9% interest rate maturing on February 4, 2028. Both series carry CRISIL AA-/Positive credit rating and have a face value of Rs. 1,00,000 each.

Key Points

  • Two series of debt securities listed on BSE Debt segment
  • Series 1 (Scrip Code 977252): 10,000 debentures at 9.15% p.a., maturing October 29, 2028
  • Series 2 (Scrip Code 977273): 7,500 debentures at 9% p.a., maturing February 4, 2028
  • Date of allotment: November 4, 2025
  • Credit rating: CRISIL AA-/Positive for both series
  • Face value: Rs. 1,00,000 per debenture
  • Market lot size: 1 debenture
  • Tick size: 1 paise
  • Trading permitted only in dematerialized form
  • No put/call options available

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members must refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Standard debt segment trading rules apply with 1 paise tick size

Important Dates

  • Date of Allotment: November 4, 2025
  • Listing Date: November 6, 2025
  • Interest Payment Frequency: Annually for both series
  • Redemption Date (Series 1): October 29, 2028
  • Redemption Date (Series 2): February 4, 2028

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities affecting only debt market participants. The securities are already allotted to institutional investors and will trade in the secondary debt market.

Investor Impact: Low. These are institutional-grade debt instruments with high face value (Rs. 1 lakh) and market lot of 1, making them suitable primarily for institutional and high net-worth investors. The CRISIL AA-/Positive rating indicates strong credit quality.

Operational Impact: None for equity market participants. Debt market trading members gain two new instruments for secondary market trading with standard trading parameters.

Impact Justification

Routine listing of privately placed debt securities with no impact on equity trading or regulatory changes. Affects only debt market participants dealing with Muthoot Fincorp debentures.