13.61% The South Indian Trading Syndicate (kottapadi) Limited (INE0HWC07061)

The South Indian Trading Syndicate (kottapadi) Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0HWC07061, with a face value of ₹1,000 rs on 20Jan22 to raise 0.353 crores. The debt instrument is issued with a coupon rate of 13.61% 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 13.61% SECURED, NOT GUARANTEED, SENIOR, TAXABLE, CUMULATIVE, UNRATED, REDEEMABLE, NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT.SERIES CA.DATE OF MATURITY 21/06/2027. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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 THE SOUTH INDIAN TRADING SYNDICATE (KOTTAPADI) PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.