Arka Fincap Limited - AA Rated (INE03W107074)

Arka Fincap Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03W107074, with a face value of ₹10,00,000 rs on 04Aug21 to raise 75 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED and its interest is paid on Maturity. 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 10YR GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.AFL MLD SERIES I.DATE OF MATURITY 04/08/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 16Jun21. This issuer is formerly known as KIRLOSKAR CAPITAL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.