Aadhar Housing Finance Limited - AA Rated (INE883F07256)

Aadhar Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE883F07256, with a face value of ₹10,00,000 rs on 24Feb22 to raise 100 crores. The debt instrument is issued with a coupon rate of REPO RATE +3.05% and its interest is paid Semi 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 REPO RATE +3.05% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 24/02/2026. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 02Mar22. CARE RATINGS LIMITED has given AA rating to this Debenture on 24Feb22. 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.