Ecl Finance Limited - AA Rated (INE804I076Y2)

Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I076Y2, with a face value of ₹1,000 rs on 06Aug18 to raise 44.3254 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV. DATE OF MATURITY 06/08/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 09Aug18. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 06Jul18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.