Aditya Birla Housing Finance Limited - AAA Rated (INE831R07326)

Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R07326, with a face value of ₹10,00,000 rs on 21Mar22 to raise 340 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 3M TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES ABFL NCD L1 FY2021 -2022. DATE OF MATURITY 21/03/2025. 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 22Mar22 & on BSE stock exchange on 22Mar22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 05Apr21. 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.