13.50% Sk Finance Limited (INE124N08042)

Sk Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE124N08042, with a face value of ₹10,00,000 rs on 31Jan17 to raise 20 crores. The debt instrument is issued with a coupon rate of 13.50% and its interest is paid Quarterly. 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 Unsecured Debenture is 13.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES- 192386-192585. DATE OF MATURITY 03/02/2023. 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 10Feb17. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 31Jan17. 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.