ALPHA TRIBE

Muthoot Capital Services LimitedImportant, 10-03-2025: General Updates

10-03-2025 | 08:08 pm

Muthoot Capital Services Limited has issued a Commercial Paper (CP) amounting to ₹10 Crores, with a maturity date set for July 10, 2025. This CP was allotted on March 10, 2025, with a discount rate of 9.30% and a tenure of 122 days. The pricing is established at 96.9852, and it has received a strong credit rating of CRISIL A1+. The allottee for this issuance is Uniparts India Limited. This strategic move enhances Muthoot's liquidity position, potentially facilitating future growth opportunities and operational flexibility. Investors may consider this as a signal of the company’s proactive approach to financial management.

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