Reliance Capital Limited - D Rated (INE013A076S9)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A076S9, with a face value of ₹1,00,000 rs on 09Jan19 to raise 31.59 crores. The debt instrument is issued with a coupon rate of KARVY CAPITAL ALPHA 500 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 RATED LISTED SECURED REDEEMABLE PRINCIPAL PROTECTED NON CONVERTIBLE MARKET LINKED DEBENTURE. SERIES RCL MLD B/447. DATE OF MATURITY 11/07/2022. 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 23Jan19. CARE RATINGS LIMITED has given PP-MLD D rating to this Debenture on 09Jan19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.