Hinduja Leyland Finance Limited (INE146O07458)

Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O07458, with a face value of ₹10,00,000 rs on 25May21 to raise 125 crores. The debt instrument is issued with a coupon rate of GSEC LINK and its interest is paid on Maturity. 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPLE PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 24/11/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 25May21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.