Jm Financial Asset Reconstruction Company Limited - AA Rated (INE265J07399)

Jm Financial Asset Reconstruction Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE265J07399, with a face value of ₹2,00,000 rs on 27Nov20 to raise 75 crores. The debt instrument is issued with a coupon rate of 10-YEAR GOVERNMENT SECURITY PRICE LINKED 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 10 YEAR GOVERMENT SECURITY PRICE LINKED SECURED LISTED RATED REDEEMABLE PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURES. TRANCHE XXXI. DATE OF MATURITY 25/11/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Dec20 & on NSE stock exchange on 04Dec20. ICRA LIMITED has given PP-MLD AA- rating to this Debenture on 28Sep20. This issuer is formerly known as JM FINANCIAL ASSET RECONSTRUCTION CO PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.