6.50% Aseem Infrastructure Finance Limited - AA Rated (INE0AD507044)

Aseem Infrastructure Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0AD507044, with a face value of ₹10,00,000 rs on 01Dec21 to raise 200 crores. The debt instrument is issued with a coupon rate of 6.50% 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 Secured Debenture is 6.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES PP 2 FY 2021-22. LETTER OF ALLOTMENT. DATE OF MATURITY 29/11/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 03Dec21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 31Dec21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.