9.60% Aadhar Housing Finance Limited (INE538L07155)

Aadhar Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE538L07155, with a face value of ₹10,00,000 rs on 28Dec15 to raise 20 crores. The debt instrument is issued with a coupon rate of 9.60% 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 9.60% SECURED REDEEMABLE NON CONVERTIBLE DUAL RATED DEBENTURES. SERIES XIV. DATE OF MATURITY 28/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Jan16. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 28Dec15. This issuer is formerly known as DHFL VYSYA HOUSING FINANCE LIMITED, VYSYA BANK HOUSING FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.