Alpha Tribe

Muthoot Capital Services LimitedImportant, 20-03-2025: General Updates

20-03-2025 · 07:31 pm

Muthoot Capital Services Limited has issued a Commercial Paper (CP) worth ₹10 Crores, with a maturity period of 90 days, set to mature on June 18, 2025. The discount rate for this issuance is 9.65%, priced at 97.6758, and has garnered a credit rating of CRISIL A1+. The allotment is made to Shri Ram Finance Corporation Private Limited. This move bolsters liquidity and could enhance operational flexibility, contributing positively to the company’s financial strategies. Investors should watch closely for how this action may influence the company’s financing capabilities and overall performance in the upcoming quarters.

No comments yet. Be the first to comment!

All announcements from Muthoot Capital Services Limited