ALPHA TRIBE

Muthoot Capital Services LimitedImportant, 27-01-2025: Updates

27-01-2025 | 05:56 pm

Muthoot Capital Services Limited has issued Commercial Paper (CP) amounting to ₹30 Crore. The issue was allotted on January 27, 2025, with a maturity date set for May 27, 2025. This CP carries a discount rate of 9.60% and has a tenure of 120 days. Priced at ₹96.9404, it has received a credit rating of CRISIL A1+. Protium Finance Limited is listed as the allotee for this issuance. This move may provide the company with timely liquidity, enabling it to fund its operations or strategic initiatives effectively. Investors should monitor how this issuance impacts the company's financial flexibility moving forward.

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