Muthoot Capital completes securitization worth Rs193.63Cr

29 Mar 2022 , 09:36 AM

In its regulatory filing, Muthoot Capital Services Limited informed the investors and exchanges that the company has completed a securitization transaction worth Rs193.63 crore on March 28, 2022. The company informed that this is the second securitization / direct assignment transaction carried out by it during the FY 2021 – 2022.

The entire pool is from the non-priority sector and has been after taking into consideration the guidelines issued by the Reserve Bank of India (RBI) in this regard.

The company’s first securitization for the current fiscal was completed in September 2021 and was worth Rs121.09 crore.

Muthoot Capital’s scrip was currently trading at Rs257.95, up by 0.51% against its previous close of Rs256.65 on NSE.

Its stock opened at Rs256.70 and hit intraday high and low of Rs261.95 and Rs256.05 respectively.