7.90% Fullerton India Credit Company Ltd - AAA Rated (INE535H07BR1)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07BR1, with a face value of ₹10,00,000 rs on 28Jul22 to raise 500 crores. The debt instrument is issued with a coupon rate of 7.90% 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 7.90% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 97. DATE OF MATURITY 28/07/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 01Aug22. ICRA LIMITED has given AAA rating to this Debenture on 13Jun24. This issuer is formerly known as FIRST INDIA CREDIT CORPORATION LTD, DOVE FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.