Description

BSE announces listing of two new debt securities (NCDs) of Muthoot Microfin Limited with face value of Rs. 1 lakh each, carrying interest rates of 9.95% and 9.85% p.a., maturing in 2028 and 2027 respectively.

Summary

BSE has listed two new debt securities issued by Muthoot Microfin Limited on private placement basis with effect from December 17, 2025. The securities comprise NCDs with face value of Rs. 1,00,000 each, carrying CRISIL A+ rating, with monthly interest payment frequency. Both securities were allotted on December 16, 2025 and will trade in dematerialized form only.

Key Points

  • Two new debt securities of Muthoot Microfin Limited listed on BSE Debt segment
  • Security 1 (Scrip Code: 977379): ISIN INE046W07354, 9.95% p.a., maturity on December 16, 2028, quantity 7,500 units
  • Security 2 (Scrip Code: 977380): ISIN INE046W07347, 9.85% p.a., maturity on December 16, 2027, quantity 7,500 units
  • Both securities have face value and issue price of Rs. 1,00,000 per unit
  • Credit rating: CRISIL A+ for both issues
  • Interest payment: Monthly starting from January 25, 2026
  • Market lot: 1 unit for both securities
  • No put/call options available
  • Trading permitted only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members must adhere to the tick size of 1 paise for trading
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Any clarifications required should be directed to BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 16, 2025
  • Listing Date: December 17, 2025
  • First Interest Payment: January 25, 2026
  • Redemption Date (977380 - 9.85% NCD): December 16, 2027
  • Redemption Date (977379 - 9.95% NCD): December 16, 2028

Impact Assessment

Market Impact: Low. This is a standard private placement listing of debt securities with limited market-wide implications. The listing adds Rs. 150 crores (7,500 units x 2 securities x Rs. 1 lakh) to the BSE debt market.

Investor Impact: Relevant for institutional and high net-worth investors in debt securities seeking CRISIL A+ rated instruments with competitive interest rates (9.85%-9.95% p.a.) and monthly income frequency.

Operational Impact: Trading members handling debt securities need to update their systems with the new scrip codes and ISIN numbers for trading and settlement purposes.

Impact Justification

Routine listing of debt securities on private placement basis with limited market-wide impact; relevant primarily for debt market participants and investors in Muthoot Microfin securities