9% A. K. Capital Finance Limited - AA Rated (INE197P07144)

A. K. Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE197P07144, with a face value of ₹1,00,000 rs on 10Aug17 to raise 65 crores. The debt instrument is issued with a coupon rate of 9% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 9% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SEIRES E-II. LETTER OF ALLOTMENT. DATE OF MATURITY 10/08/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 24Nov17. Acuite Ratings And Research Limited has given AA rating to this Debenture on 31May18. This issuer is formerly known as A. K. CAPITAL FINANCE PRIVATE LIMITED, GIRDHAR VANIJYA PRIVATE LIMTIED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.