12% S M L Finance Limited (INE05LY07384)

S M L Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05LY07384, with a face value of ₹1,000 rs on 31Aug21 to raise 0.625 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 SENIOR NON CONVERTIBLE DEBENTURE .LETTER OF ALLOTMENT. SERIES 93 MONTHLY 2ND ALLOTMENT . DATE OF MATURITY 31/08/2031. This instrument is issued in Private Placement (non-EBP) 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.