28 Apr 2026
Deal: Muthoot Finance’s tranche III issue of NCDs aggregating up to INR 10,000 million
24 Jan 2024
24 Jan 2024
Trilegal acted as the sole counsel for the public issue of secured, rated, listed, redeemable, non-convertible debentures of face value of ₹1,000 each for an amount of ₹1,000 million with an option to retain oversubscription up to ₹9,000 million aggregating to ₹10,000 million which is within the shelf limit of ₹26,000 million.
Muthoot Finance Limited is the largest gold loan non-banking financial corporation in India in terms of loan portfolio. In addition to financing gold transactions, the company offers micro-finance, housing finance, vehicle and equipment finance and insurance broking services. Being an equity and debt listed entity, a detailed analysis of various on – going compliance requirements and dissemination of information to the stock exchanges was undertaken, to ensure information parity in terms of the offer document vis-à-vis the information available publicly.
The Trilegal team advising on the matter was led by our Partners Richa Choudhary(Capital Markets) and Joseph Jimmy (Banking & Finance) and comprised attorneys Avanti Kale, Counsel; Aman Bahl, Kaaba Khan and Lalitha Nandula, Associates.
Media Link:
https://www.chittorgarh.com/bond/muthoot-finance-ncd-tranche-iii-january-2024/279/
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.
