Arohan Financial Services Limited - A Rated (INE808K08046)

Arohan Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE808K08046, with a face value of ₹10,00,000 rs on 29Mar18 to raise 65 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 RESET RATE UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A & B. DATE OF MATURITY 28/04/2025. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 20Apr18. CARE RATINGS LIMITED has given A rating to this Debenture on 28Mar18. This issuer is formerly known as AROHAN FINANCIAL SERVICES PRIVATE LIMITED, AROHAN FINANCIAL SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.