6.40% Aditya Birla Finance Limited - AAA Rated (INE860H07HS8)

Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H07HS8, with a face value of ₹10,00,000 rs on 21Jan22 to raise 350 crores. The debt instrument is issued with a coupon rate of 6.40% 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 6.4000% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES. ABFL NCD SERIES J2 FY2021-22.DATE OF MATURITY 22/07/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 24Jan22 & on BSE stock exchange on 24Jan22. 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.