9.85% Aditya Birla Finance Limited (INE860H08DI6)

Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H08DI6, with a face value of ₹10,00,000 rs on 04Jun13 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.85% 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 9.85% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES.ABFL SUB DEBT SERIES 1 2013-14. DATE OF MATURITY 02/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 10Jun13 & on BSE stock exchange on 26Feb18. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 27Sep23. 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.