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Muthoot Finance

19th-Mar-2012 09:37Source: BSE

Muthoot Finance - Updates on issue of Secured Non-Convertible Debentures

Muthoot Finance Ltd has informed BSE that with reference to the Public Issue by Muthoot Finance Limited ("Company" or "Issuer") of Secured Non-Convertible Debentures of face value Rs. 1,000 each ("NCDs"), aggregating up to Rs. 2,500 million with an option to retain over-subscription up to Rs. 2,500 million for issuance of additional NCDs aggregating to a total of up to Rs. 5,000 million, hereinafter referred to as the "Issue", the Company in consultation with the Lead Manager has decided to revise the Issue closing date and extend the issue period upto April 09, 2012. The NCD Public Issue Committee of the Company by their resolution dated March 16, 2012 has given their approval to the extension of the Issue Closing date for the Issue, to the issue The Issue shall now close on April 09, 2012.

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