Filter announcements
Loading...
The company is deposit-taking NBFC & part of Muthoot Group. The group has established a strong reputation and brand in India, particularly in South India. The promoters have more than 30 years of experience in the lending business.The company started its business in 2-wheeler financing in 1998 and since then expanded into financing used cars, consumer durables, and small-ticket business loans.
Muthoot Capital Services (MUTHOOTCAP) completed a securitization transaction, raising ~29.81 Cr by assigning vehicle-finance receivables worth ~33.12 Cr. This marks their third such transaction this fiscal year from the non-priority sector.
Muthoot Capital Services is dispatching letters to shareholders with unregistered emails, providing a web link to the FY2025-26 Annual Report and 32nd AGM notice. Check mail for crucial meeting details and financial info.
Muthoot Capital Services' ESG Impact Rating was upgraded by ICRA ESG from 73 (Good) to 74 (Good). This positive revision signals improved environmental and social performance, reflecting better sustainability practices.
Muthoot Capital Services sold a stressed loan portfolio with ₹203.01 Cr principal to Prasaditya ARC for ₹93.20 Cr. This transaction aims to improve the company's asset quality.
Muthoot Capital Services received a binding bid of Rs 96 Cr for a stressed loan portfolio with Rs 209.10 Cr principal outstanding. A Swiss Challenge Method will follow for further bids, aiming to divest bad loans.