Muthoot Homefin India Limited

 Public Issue by the Company of secured redeemable non-convertible debentures of face value of Rs. 1,000 (Indian rupees one thousand) each (“NCDs”) for an amount upto Rs. 500 crores (Indian rupees five hundred crores) (“Base Issue Size”) with an option to retain oversubscription upto Rs. 500 crores (Indian rupees five hundred crores) aggregating up to 1,00,00,000 NCDS amounting to Rs. 1,00,000 lakhs (“Tranche 2 Issue”) and is being offered by way of the Tranche 2 Prospectus dated March 28, 2019 containing inter alia the terms and conditions of Tranche 2 issue (“Tranche 2 Prospectus”), which should be read together with the Shelf Prospectus dated February 22, 2019 (“Shelf Prospectus”) filed with the registrar of companies, Kolkata, West Bengal, (“ROC”), Stock Exchanges and Securities and Exchange Board of India (“SEBI”). The Shelf Prospectus and Tranche 2 Prospectus constitutes the prospectus "Prospectus”). The Tranche 2 Issue is within the approved Shelf Limit.

 The NCDs proposed to be issued under this Issue have been rated “CRISIL AA/Stable” by CRISIL for an amount of up to ₹3,000.00 million pursuant to their letter dated March 1, 2019 and revalidated by their letter dated March 20, 2019. The rating of AA/Stable indicates that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. This rating is not a recommendation to buy, sell or hold securities and investors should take their own decision. This rating is subject to revision or withdrawal at any time by CRISIL and should be evaluated independently of any other ratings.

 Monday, 08th April 2019