Muthoot Capital Services Limited — Important, 13-03-2025: Updates
13-03-2025 · 06:19 pm
Muthoot Capital Services has issued Commercial Paper (CP) amounting to ₹15 Crore. The allotment date is set for 13 March 2025, with a maturity date on 9 September 2025. The CP carries a discount rate of 9.10% as per FIMMDA convention and has a tenure of 180 days. Rated CRISIL A1+, this issuance could enhance the company's liquidity position and provide a favorable opportunity for short-term financing. However, investors should monitor potential impacts on cash flow management and overall financial strategy in light of this CP issuance.
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