Muthoot Microfin Limited has informed the Exchange regarding 'Intimation of Fund Raising by issue of Commercial Paper'.
MUTHOOTMF · price
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Awaiting price reaction for this filing.
Muthoot Microfin has allotted a Commercial Paper (CP) of ₹50 crore on July 15, 2025. The CP has a tenure of 182 days and will mature on January 13, 2026, with CRISIL A1+ rating — the highest short-term credit grade. The paper was priced at ₹95.7051 per ₹100 face value, meaning the company received ₹47.85 crore as discounted proceeds. The sole allottee was Northern Arc Capital Limited. The effective annualized cost works out to roughly 8.6%, which is in line with prevailing short-term rates for highly-rated NBFCs.
This is routine short-term money-market borrowing for working capital needs, with no equity dilution or long-term debt impact. The top-tier A1+ rating reflects strong credit quality, and the small size (₹50 crore) relative to the company's operations means negligible effect on shareholders or stock price.