Cholamandalam Investment And Fin. Co. Ltd - AA Rated (INE121A07QE1)

Cholamandalam Investment And Fin. Co. Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121A07QE1, with a face value of ₹10,00,000 rs on 17Aug21 to raise 200 crores. The debt instrument is issued with a coupon rate of 3M TBILL+1.80 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 (3M TBILL+1.80) SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES 610. DATE OF MATURITY 17/08/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 24Aug21. ICRA LIMITED has given AA+ rating to this Debenture on 07Oct24. This issuer is formerly known as CHOLAMANDALAM DBS FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.