Jm Financial Asset Reconstruction Company Limited - AA Rated (INE265J07431)

Jm Financial Asset Reconstruction Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE265J07431, with a face value of ₹10,00,000 rs on 26May22 to raise 100 crores. The debt instrument is issued with a coupon rate of GSEC 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE. TRANCHE XXXVI. DATE OF MATURITY 26/07/2024.. 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 01Jun22. 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.