10% Aadhar Housing Finance Limited - AA Rated (INE538L08070)

Aadhar Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE538L08070, with a face value of ₹10,00,000 rs on 10Oct16 to raise 15 crores. The debt instrument is issued with a coupon rate of 10% 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 Unsecured Debenture is 10% UNSECURED SUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES AHFL-0007. DATE OF MATURITY 10/10/2026. 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 24Oct16. CARE Ratings Limited has given AA rating to this Debenture on 10Oct16. 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.