StockWatch
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Non Banking Financial Company (NBFC)
Sale29 Jun 2026, 06:20 pm

Muthoot Capital Sells Stressed Assets for ₹93.20 Cr

AI Summary

Muthoot Capital Services Ltd has announced the sale of a stressed asset portfolio to Prasaditya ARC Limited. Following a bidding process under the Swiss Challenge Method, Prasaditya ARC emerged as the successful bidder. The transaction involves the transfer of a principal outstanding of ₹203.01 Crores as of April 30, 2026, for a sale consideration of ₹93.20 Crores. The company will now proceed to complete the necessary actions for this sale.

Key Highlights

  • Stressed asset portfolio sold to Prasaditya ARC Limited.
  • Principal outstanding of ₹203.01 Cr transferred for ₹93.20 Cr.
  • Sale conducted via Swiss Challenge Method bidding process.
  • No counter bids received, base bid remains unchallenged.