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Muthoot Finance Board Approves Pre-payment Of $550 Mn In External Commercial Borrowings

The payment was due on 2 September 2023 and raised by the company under the GMTN Programme

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Muthoot Finance Limited’s Finance Committee of the Board of Directors in its meeting held on Tuesday approved the pre-payment of external commercial borrowings of USD 550 million.

The payment was due on 2 September 2023 and raised by the company under the GMTN Programme. The company had raised the money in tranches through tender offer process.

Earlier in March, the company informed BSE that the meeting of the Board of Directors of the Company is scheduled on 6 April to consider and approve an interim dividend for the FY2022-23.



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