Muthoot Microfin Limited has informed the Exchange regarding 'Issuance of Commercial Paper'.
MUTHOOTMF · price
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Awaiting price reaction for this filing.
Muthoot Microfin Limited has allotted Commercial Paper (CP) worth ₹25 crores on January 7, 2026. The CP has a tenure of 169 days, maturing on June 25, 2026, and was issued at a discounted price of ₹96.1064 per ₹100 face value, raising ₹24.03 crores in actual cash. The paper carries the highest short-term credit rating of CRISIL A1+, indicating strong repayment capacity. The issue was made in 500 units, suggesting placement with institutional or high-value investors. The implied annualized yield works out to roughly 8.7%, which is in line with prevailing short-term rates for highly rated NBFCs.
This is a routine short-term borrowing to manage day-to-day funding needs, not a major fundraising event. The A1+ rating keeps borrowing costs competitive, and the small size relative to typical NBFC operations means limited impact on the stock price.