Muthoot Capital Companies raises ₹40 crore by way of debt

Muthoot Capital Companies on Wednesday mentioned it has raised ₹40 crore by way of the problem of business papers.

“The corporate has issued business paper (CP) amounting to ₹40 crore on April 30, 2024, in accordance with the rules issued by Reserve Financial institution of India,” Muthoot Capital Companies mentioned in a BSE submitting.

The business papers may have a tenure of 122 days with a maturity date of August 30, 2024.

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The inventory closed at ₹318.50 on Tuesday, up by 0.46 per cent on the NSE.



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