10% Kosamattam Finance Limited (INE403Q08266)

Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q08266, with a face value of ₹1,000 rs on 21Sep22 to raise 20 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid Monthly. 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 Unsecured Debenture is 10% UNSECURED UNRATED UNLISTED REDEEMABLE SUBORDINATE - TIER 1 NON CONVERTIBLE DEBENTURES SERIES - OPTION I. DATE OF MATURITY 20/10/2027. 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. This debt instrument is Unrated. This issuer is formerly known as KOSAMATTAM FINANCE PRIVATE LIMITED, STANDARD SHARES & LOANS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.