Muthoot Capital Services completed transaction of Rs100.89cr through securitization of portfolio

The entire pool is from the non - priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard,” the company said in the filing.

Jul 10, 2020 03:07 IST India Infoline News Service

Muthoot Capital Services Limited on Thursday said in the press note that it has completed a securitization transaction of Rs100.89cr on July 06, 2020.

“It may please be noted that this was the first securitization / direct assignment transaction carried out by the Company during the FY20-21. The entire pool is from the non - priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard,” the company said in the filing.

The stock ended at Rs393.50, up by Rs4.55 or 1.17% from its previous closing of Rs388.95 on the BSE.

The scrip opened at Rs387.75 and has touched a high and low of Rs399.75 and Rs379 respectively.

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