9.30% Fullerton India Credit Company Ltd - AAA Rated (INE535H08660)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H08660, with a face value of ₹10,00,000 rs on 25Feb16 to raise 50 crores. The debt instrument is issued with a coupon rate of 9.30% 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 Unsecured Debenture is 9.30% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 9(i). LETTER OF ALLOTMENT. DATE OF MATURITY 25/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 09Mar16 & on BSE stock exchange on 09Mar16. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 09Feb16. 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.