Raising of funds through securitization
As filed · Muthoot Capital Services Limited has informed the Exchange about raising of funds through securitization
CapitalWatchNotablemateriality 65 out of 100
What happened
FactMuthoot Capital Services Limited has informed the Exchange about raising of funds through securitization. Muthoot Capital Services Limited, Registered Office: 3rd Floor, Muthoot Towers, M. The Company raised an amount of ₹85,11,28,859.02/- (Rupees Eighty-Five Crores Eleven.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
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Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%