Muthoot Capital Services Limited has informed the Exchange about General Updates
MUTHOOTCAP · price
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Muthoot Capital Services has issued a Commercial Paper (CP) worth ₹100 Crores on April 21, 2025. The CP has a 365-day tenure maturing on April 21, 2026, with a discount rate of 8.90% and an issue price of ₹91.8274 per ₹100 face value. It carries the highest short-term credit rating of CRISIL A1+, indicating strong safety. The sole allottee is Dakshin Bihar Gramin Bank, with 2,000 units issued under ISIN INE296G14511. Commercial Papers are short-term money market instruments used by companies to meet working capital needs.
This is a routine short-term borrowing by the company. The CRISIL A1+ rating suggests strong creditworthiness, and the 8.90% discount rate is competitive. No material impact on equity shareholders is expected as this is debt-raising activity, not equity dilution.