Motilal Oswal Finvest Limited - AA Rated (INE01WN07029)

Motilal Oswal Finvest Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01WN07029, with a face value of ₹10,00,000 rs on 20Nov20 to raise 50 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES M-2/F.Y. 21/F.Y.24. DATE OF MATURITY 20/07/2023. 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 03Feb21. CRISIL RATINGS LIMITED has given PP-MLD AA rating to this Debenture on 13Nov20. This issuer is formerly known as MOTILAL OSWAL CAPITAL MARKETS LIMITED, MOTILAL OSWAL CAPITAL MARKETS PRIVATE LIMITED, MOTILAL OSWAL PORTFOLIO MANAGEMENT SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.