7.26% Aditya Birla Finance Limited - AAA Rated (INE860H07HK5)

Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H07HK5, with a face value of ₹10,00,000 rs on 31May21 to raise 750 crores. The debt instrument is issued with a coupon rate of 7.26% 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 7.2600% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES B2.DATE OF MATURITY 30/05/2031. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Jun21 & on NSE stock exchange on 01Jun21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 05Apr21. This issuer is formerly known as BIRLA GLOBAL FINANCE COMPANY LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.