Muthoot Microfin To Partly Redeem Debentures, Face Value Cut To ₹50,000 From June 13
Muthoot Microfin will redeem part of its debentures on June 13, reducing face value to Rs 50,000 and paying interest. Trading will reflect this from the same date.
Muthoot Microfin will redeem part of its debentures on June 13. |
Mumbai: Muthoot Microfin Limited has announced a part redemption of its non-convertible debentures (NCDs). The record date for this action is set for June 13, 2025. On this date, debenture holders will receive a part payment of the principal along with interest. The face value of each debenture will be reduced to Rs 50,000 after the redemption.
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This applies to the debentures listed under the code MML-10.75%-7-7-26-PVT with ISIN INE046W07255. From June 13, 2025, trading of these debentures will happen at the reduced face value. The settlement number for this change is DR-651/2025-2026.
Investors who hold the debentures on the record date will benefit from both the part repayment and the interest payout. This move is a part of Muthoot Microfin's scheduled debt servicing.
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