7.57% Aditya Birla Finance Limited - AAA Rated (INE860H08EH6)

Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H08EH6, with a face value of ₹10,00,000 rs on 06Aug20 to raise 3500 crores. The debt instrument is issued with a coupon rate of 7.57% 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 7.57% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES. SERIES ABFL NCD EP1 FY 2020-21. DATE OF MATURITY 03/08/2035.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given AAA rating to this Debenture on 02Feb24. 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.