10.15% Ecl Finance Limited - A Rated (INE804IA7014)

Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804IA7014, with a face value of ₹1,000 rs on 04Jan19 to raise 111.1007 crores. The debt instrument is issued with a coupon rate of 10.15% 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 10.15% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES VI. MATURITY DATE 04/01/2029. 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 08Jan19 & on BSE stock exchange on 08Jan19. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 06Nov18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.