Muthoot Capital Services Ltd has raised commercial papers worth ₹650 million successfully, a major step in its financial plan. The issue was done on a private placement basis, and the securities are now listed on the BSE Debt segment.
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Total Amount Raised: ₹650 million
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Face Value: ₹500,000 per paper
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Number of Papers Issued: 300
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ISIN Number: INE296G14479
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Credit Rating: CRISIL A1+
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Redemption Date: September 9, 2025
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Trading in Dematerialized Form: Yes
This issue shows Muthoot Capital's consistent efforts to boost liquidity and favor lending activities. The commercial papers are likely to improve the financial position of the company and aid further expansion plans.
Source: Market Screener