Shriram City Union Finance Limited - AA Rated (INE722A07950)

Shriram City Union Finance Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE722A07950, with a face value of ₹1,000 rs on 30Apr19 to raise 20.9397 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE I SERIES VIII MATURITY DATE : 30/04/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 03May19. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 16Dec18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.