7.30% Aditya Birla Sun Life Insurance Company Limited (INE951F08010)

Aditya Birla Sun Life Insurance Company Limited, a Finance company, has floated Debenture, having ISIN value as INE951F08010, with a face value of ₹10,00,000 rs on 20Jan21 to raise 150 crores. The debt instrument is issued with a coupon rate of 7.30% 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 7.30% UNSECURED UNLISTED UNRATED SUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 20/01/2031.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as BIRLA SUN LIFE INSURANCE COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.