Tata Cleantech Capital Limited - AAA Rated (INE857Q07299)

Tata Cleantech Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE857Q07299, with a face value of ₹1,00,000 rs on 20Jul20 to raise 75 crores. The debt instrument is issued with a coupon rate of 10 YEAR G-SEC LINKED 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 G-SEC LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. TCCL MARKET LINKED NCD A SERIES FY 2020-21. DATE OF MATURITY 20/07/2023. 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 30Jul20. CRISIL RATINGS LIMITED has given PP-MLD AAA rating to this Debenture on 08Jul20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.