Reliance Capital Limited - D Rated (INE013A074S4)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A074S4, with a face value of ₹1,00,000 rs on 28Dec18 to raise 21.59 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B/445. MATURITY DATE - 29/03/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given PP-MLD D rating to this Debenture on 28Dec18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.