Muthoot Capital Services Limited has informed the Exchange about raising of funds through 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 ₹20 Crores through Commercial Paper (CP) issuance on June 25, 2025, split into two equal tranches of ₹10 Crores each. The first tranche is a 90-day paper at a 9% discount rate maturing on September 23, 2025, while the second is a 181-day paper at 9.35% maturing on December 23, 2025. Both tranches carry the highest short-term credit rating of CRISIL A1+, indicating strong repayment capacity. The allottees include Bandekar Brothers Private Limited and Vasantram Metha and Company Private Limited, with each receiving 100 CPs in the longer-tenure tranche. Commercial Paper is a short-term money market instrument typically used by NBFCs like Muthoot Capital to manage short-term funding needs.
This is a routine short-term borrowing by the company, not a major capital raise. The CRISIL A1+ rating and reasonable discount rates (9-9.35%) reflect strong credit quality, and the impact on shareholders is minimal since this is operational funding rather than equity dilution.