8% Aditya Birla Housing Finance Limited - AAA Rated (INE831R07276)

Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R07276, with a face value of ₹10,00,000 rs on 17Apr20 to raise 400 crores. The debt instrument is issued with a coupon rate of 8% 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 8% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES ABHFL NCD A1 FY 2020-21-MAY17,2023. MATURITY DATE 17/05/2023. 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 24Apr20 & on BSE stock exchange on 23Apr20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 08Apr20. This issuer is formerly known as LIL INVESTMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.