ALPHA TRIBE

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

01-01-2025 | 06:08 pm

Muthoot Capital Services Limited has issued Commercial Paper (CP) worth ₹25 Cr. The allotment occurred on December 31, 2024, with a maturity date set for March 31, 2025. This issuance carries a discount rate of 10% and has a tenure of 90 days. The CP has received a credit rating of CRISIL A1+, indicating strong creditworthiness. This strategic move may enhance liquidity and provide short-term funding to support operational needs. Investors should monitor this development, as it reflects the company's proactive approach to managing finance amidst market conditions.

No comments yet. Be the first to comment!

All announcements from Muthoot Capital Services Limited