Muthoot Capital Services Limited has informed the Exchange about raising of fund by issuance of Commercial Paper
MUTHOOTCAP · price
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Awaiting price reaction for this filing.
Muthoot Capital Services Limited has issued Commercial Paper (CP) worth ₹50 Crores on July 24, 2025. The CP has a 60-day tenure, maturing on September 22, 2025, at a discount rate of 8.50% (FIMMDA convention) with a price of 98.6220. It carries the highest short-term credit rating of CRISIL A1+, indicating strong repayment safety. The sole allottee is Visakhapatnam Steel Projects Employees Provident Fund. The ISIN for the instrument is INE296G14578.
This is a routine short-term borrowing to manage liquidity needs, with minimal impact on shareholders. The CRISIL A1+ rating signals strong credit quality, and the modest size (₹50 Cr) suggests normal working capital management rather than any major capital event.