Muthoot Capital Services Limited has informed the Exchange about Raising of Fund by issuance of Commercial Paper.
MUTHOOTCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Muthoot Capital Services has raised ₹25 crores through the issuance of Commercial Paper (CP) on June 23, 2025. The CP carries a discount rate of 9.10% and has a tenure of 180 days, maturing on December 20, 2025. The instrument has been allotted to Transport Corporation of India Limited and carries the highest short-term credit rating of CRISIL A1+. Commercial Papers are short-term money market instruments typically used by NBFCs to meet short-term funding needs.
This is a routine short-term borrowing for working capital/liquidity needs, not a major capital event. The CRISIL A1+ rating reflects strong short-term credit quality, and the cost of 9.10% is in line with current market rates for highly rated NBFC CPs, indicating normal funding activity with no negative signal for shareholders.