Aditya Birla Housing Finance Limited - AAA Rated (INE831R07292)

Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R07292, with a face value of ₹10,00,000 rs on 18Mar21 to raise 250 crores. The debt instrument is issued with a coupon rate of T BILL LINK 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 3 MONTHS T-BILL SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES ABHFL NCD SERIES L1 FY2020-21. DATE OF MATURITY 15/03/2024. 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 19Mar21 & on BSE stock exchange on 19Apr21. 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.