10.50% Hedge Finance Ltd - BB Rated (INE01ZK07FS1)

Hedge Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01ZK07FS1, with a face value of ₹10,00,000 rs on 02Aug22 to raise 5 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.5% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES IV MONTHLY TRANCHE 8. DATE OF MATURITY 02/08/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Aug22. Infomerics Valuation and Rating Pvt. Ltd has given BB+ rating to this Debenture on 23Jul24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.