12.50% S M L Finance Limited (INE05LY07285)

S M L Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05LY07285, with a face value of ₹1,000 rs on 03Feb20 to raise 0.1565 crores. The debt instrument is issued with a coupon rate of 12.50% 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 12.50% SECURED SENIOR UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES - 90 ANNUAL SCHEME. LETTER OF ALLOTMENT. DATE OF MATURITY 03/02/2030. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity 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.