11.25% Chemmanur Credits And Investments Limited (INE051307663)

Chemmanur Credits And Investments Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE051307663, with a face value of ₹1,000 rs on 31May21 to raise 0.195 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid Monthly. 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 11.25% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 21-22-DEMAT-III . DATE OF MATURITY 31/05/2023. 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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.