6.75% Piramal Capital & Housing Finance Limited - AA Rated (INE516Y07444)

Piramal Capital & Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE516Y07444, with a face value of ₹950 rs on 28Sep21 to raise 19532.529 crores. The debt instrument is issued with a coupon rate of 6.75% and its interest is paid Semi Annually. 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 6.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 26/09/2031.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 29Sep21 & on BSE stock exchange on 29Sep21. CARE RATINGS LIMITED has given AA rating to this Debenture on 28Sep21. This issuer is formerly known as DEWAN HOUSING DEVELOPMENT FIN. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.