9.10% Aditya Birla Housing Finance Limited - AAA Rated (INE831R08035)

Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R08035, with a face value of ₹10,00,000 rs on 13Jul16 to raise 25 crores. The debt instrument is issued with a coupon rate of 9.10% 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 9.10% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES ABHFL SUB DEBT SD3 FY 2016-17. DATE OF MATURITY 13/07/2026. 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 20Jul16 & on BSE stock exchange on 09Feb18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 18Apr16. 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.