Jm Financial Asset Reconstruction Company Limited - AA Rated (INE265J07423)

Jm Financial Asset Reconstruction Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE265J07423, with a face value of ₹10,00,000 rs on 11Feb22 to raise 70 crores. The debt instrument is issued with a coupon rate of 10 YEAR GOVERMENT 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 XXXV. DATE OF MATURITY 11/06/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given PP-MLD AA- rating to this Debenture on 05Jul24. 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.