
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.
Price Impact
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