12% S M L Finance Limited (INE05LY07160)

S M L Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05LY07160, with a face value of ₹1,000 rs on 30Dec17 to raise 0.986 crores. The debt instrument is issued with a coupon rate of 12% 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 12% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 77 (MONTHLY SCHEME) DATE OF MATURITY 30/12/2027. 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.