Description

BSE announces listing of two new privately placed debt securities issued by Muthoot Microfin Limited with 9.9% and 10% interest rates maturing in 2027 and 2028 respectively.

Summary

BSE has listed two new debt securities issued by Muthoot Microfin Limited on private placement basis, effective November 12, 2025. The securities include 7,500 units each of debentures with 9.9% and 10% interest rates, maturing in November 2027 and November 2028 respectively. Both securities are rated CRISIL A+/Positive and will trade only in dematerialized form on the BSE Debt segment.

Key Points

  • Two new debt securities of Muthoot Microfin Limited listed on BSE Debt segment
  • First security (Scrip Code 977288): 9.9% p.a. interest, maturity date November 4, 2027, ISIN INE046W07313
  • Second security (Scrip Code 977289): 10% p.a. interest, maturity date November 11, 2028, ISIN INE046W07321
  • Quantity: 7,500 units each with market lot of 1
  • Face value and issue price: Rs. 100,000 per unit for both securities
  • Date of allotment: November 11, 2025
  • Credit rating: CRISIL A+/Positive for both securities
  • Interest payment frequency: Monthly
  • No put/call options available
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes. This is a standard listing notification for new debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must note that these securities will trade only in dematerialized form under the specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 11, 2025
  • Listing Date: November 12, 2025
  • First Interest Payment Date (Security 1): December 31, 2025
  • First Interest Payment Date (Security 2): December 31, 2025
  • Redemption Date (Security 1): November 4, 2027
  • Redemption Date (Security 2): November 11, 2028
  • Interest Payment Period (Security 1): Monthly from December 31, 2025 to November 4, 2027
  • Interest Payment Period (Security 2): Monthly from December 31, 2025 to November 11, 2028

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities targeting institutional investors. The securities are not accessible to retail investors given the high face value of Rs. 1,00,000 per unit.

Issuer Impact: Positive for Muthoot Microfin Limited as it provides additional debt capital for business operations with competitive interest rates of 9.9-10% p.a.

Investor Impact: Limited to institutional debt investors who participated in the private placement. The CRISIL A+/Positive rating indicates adequate safety with positive outlook.

Liquidity: Expected to be limited given the private placement nature and institutional investor base. Market lot of 1 unit provides flexibility for trading.

Impact Justification

Routine debt securities listing notification for institutional investors with no impact on equity markets or retail investors