Motilal Oswal Financial Services Limited - AA Rated (INE338I07081)

Motilal Oswal Financial Services Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE338I07081, with a face value of ₹10,00,000 rs on 13May22 to raise 200 crores. The debt instrument is issued with a coupon rate of NIFTY50 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES M-1/F.Y.23/F.Y.25. DATE OF MATURITY 07/02/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 19May22. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AA rating to this Debenture on 14Feb22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.