Sale24 Jun 2026, 06:50 pm
Muthoot Capital to sell ₹209 Cr stressed loan portfolio for up to ₹96 Cr
AI Summary
Muthoot Capital Services Ltd has received a binding bid of up to ₹96 Crores from an Asset Reconstruction Company for its stressed loan portfolio. The portfolio has a principal outstanding of up to ₹209.10 Crores. The company will now proceed with the Swiss Challenge Method for further bidding before a final decision is made, in accordance with board approval and extant guidelines.
Key Highlights
- Binding bid received for stressed loan portfolio.
- Portfolio principal outstanding up to ₹209.10 Crores.
- Bid value ranges up to ₹96 Crores.
- Swiss Challenge Method to be used for further bidding.
Price Impact
More from MUTHTFN