Sk Finance Limited - A Rated (INE124N07473)

Sk Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE124N07473, with a face value of ₹10,00,000 rs on 29Sep20 to raise 70 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE SECURED LISTED, RATED, REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 5240246-5240945.DATE OF MATURITY 29/09/2026. 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 12Oct20. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 18Aug20. This issuer is formerly known as ESS KAY FINCORP LIMITED, ESS KAY FINCORP PRIVATE LIMITED, ESS KAY AUTO FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.