ALPHA TRIBE

SG Finserve LtdImportant, 28-10-2025: Company Update

28-10-2025 | 06:17 pm

SG Finserve Limited has successfully issued Commercial Papers totaling Rs 50 Crore to Quant Mutual Fund-A/C Quant Liquid Plan. These short-term debt instruments offer an interest rate of 7.50% and have a 91-day tenure. The issuance holds a strong credit rating of [ICRA] A1+, reflecting financial stability. This move allows the company to efficiently raise short-term capital, diversify its funding channels, and bolster its operational liquidity, which is crucial for its ongoing business activities. The Commercial Papers will be listed on BSE Limited.

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