Cholamandalam Investment And Fin. Co. Ltd - AA Rated (INE121A08NC0)

Cholamandalam Investment And Fin. Co. Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121A08NC0, with a face value of ₹10,00,000 rs on 24Dec13 to raise 12 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) and its interest is paid Semi 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 NON-CONVERTIBLE PERPETUAL DEBENTURES. SERIES PDI 16 B. LETTER OF ALLOTMENT.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 13Jan14 & on NSE stock exchange on 13Jan14. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 11Dec20. 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.