13% S M L Finance Limited (INE05LY07129)

S M L Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05LY07129, with a face value of ₹1,000 rs on 05Jul18 to raise 1.7812 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid 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 13% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 86 (ANNUAL SCHEME). DATE OF MATURITY 05/07/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as S M L FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.