13.10% Kanakadurga Finance Ltd (INE104W07054)

Kanakadurga Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE104W07054, with a face value of ₹10,00,000 rs on 12Jun20 to raise 15 crores. The debt instrument is issued with a coupon rate of 13.10% and its interest is paid Quarterly. 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 13.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF 12/06/2023. 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 30Jun20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 12Jun20. This issuer is formerly known as KANADURGA LEASING AND FINANCE LTD, KANAKADURGA LEASING AND FINANCE PVT LTD, Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.