Tata Cleantech Capital Limited - AAA Rated (INE857Q07224)

Tata Cleantech Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE857Q07224, with a face value of ₹1,00,000 rs on 31May19 to raise 61.84 crores. The debt instrument is issued with a coupon rate of 10 YR G-SEC LINKED (7.17 G-SEC 2028) and its interest is paid on Maturity. 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 10 YEAR GOVERMENT SECURITY PRICE LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. TCCL MARKET LINKED NCD A SERIES FY 2019-20. DATE OF MATURITY 30/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 12Jun19 & on BSE stock exchange on 12Jun19. CRISIL RATINGS LIMITED has given PP-MLD AAA r rating to this Debenture on 07Mar19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.