5% Setco Auto Systems Private Limited - B Rated (INE0I0R07011)

Setco Auto Systems Private Limited, has floated Debenture, having ISIN value as INE0I0R07011, with a face value of ₹10,00,000 rs on 01Sep21 to raise 215 crores. The debt instrument is issued with a coupon rate of 5% and its interest is paid Monthly. 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 5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 01/09/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 20Sep21. ICRA LIMITED has given B- rating to this Debenture on 21May24. This issuer is formerly known as TRANSSTADIA SPORT SCIENCES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.