Date: June 29, 2026
Transaction Details
Muthoot Capital Services Limited has completed the sale of its stressed loan portfolio to an asset reconstruction company following a Swiss Challenge Method bidding process.
Portfolio Sale Specifics:
- Principal outstanding amount: ₹203.01 Crores (as on April 30, 2026)
- Sale consideration: ₹93.20 Crores
- Successful bidder: Prasaditya ARC Limited (formerly known as Pridhvi Asset Reconstruction and Securitisation Company Limited)
- Bidding process concluded: June 29, 2026
Regulatory Context:
- The bidding process was conducted in accordance with Swiss Challenge Method prescribed under Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025, dated November 28, 2025
- This communication follows up on previous intimation reference number MCSL/SEC/26-27/109 dated June 24, 2026
Transaction Outcome:
- No counter bids were received during the bidding process
- The base binding bid submitted by Prasaditya ARC Limited remains unchallenged
- The company will proceed to complete the transaction and undertake all necessary actions required
Signatory Information:
- Membership No.: A68790
- Digital signature timestamp: June 29, 2026 at 17:58:09 IST
Not Specified: Financial Results, Dividend Declaration, KMP/Board Changes, Auditor Report, Media Release/Investor Communication, Other Operational/Legal/Strategic Disclosures