14.75% Amrit Malwa Capital Limited - BBB Rated (INE03XB07192)

Amrit Malwa Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03XB07192, with a face value of ₹10,00,000 rs on 03Mar22 to raise 25 crores. The debt instrument is issued with a coupon rate of 14.75% and its interest is paid Semi 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 14.75% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES CN.DATE OF MATURITY 31/03/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB rating to this Debenture on 03Mar22. This issuer is formerly known as AMRIT HIRE PURCHASE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.