0% Kotak Mahindra Investments Limited - AAA Rated (INE975F07HI9)

Kotak Mahindra Investments Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE975F07HI9, with a face value of ₹10,00,000 rs on 27Jul21 to raise 275 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES KMIL/2021-22/002.DATE OF MATURITY 19/10/2023. 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 30Jul21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 05Jul21. This issuer is formerly known as HAMKO FINANCIAL SERVICES LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.