MUTHOOT FINANCE LTD. - Updates

Muthoot Finance Ltd has informed BSE that Board of Directors on their meeting dated May 26, 2014 had decided to issue Redeemable Non Convertible debentures (NCD) upto Rs. 3000 Crores in one or more tranche though Public Issue(s). Further Board of Directors in its meeting have also authorised NCD Public Issue Committee of Board of Directors to decide on tranche and other allied matters related to Public Issue of said NCD s within overall limits and on terms and conditions as specified in its resolution.