9.77% Edelweiss Rural & Corporate Services Limited - A Rated (INE657N08041)

Edelweiss Rural & Corporate Services Limited, a Investment Company company, has floated Debenture, having ISIN value as INE657N08041, with a face value of ₹10,00,000 rs on 04Apr22 to raise 275 crores. The debt instrument is issued with a coupon rate of 9.77% and its interest is paid Quarterly. 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 9.77% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 04/05/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Apr22. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 04Mar22. This issuer is formerly known as EDELWEISS COMMODITIES SERVICES LIMITED, COMFORT PROJECTS LIMITED, COMFORT PROJECTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.