Tourism Finance Corporation Of India Limited - A Rated (INE305A07012)

Tourism Finance Corporation Of India Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE305A07012, with a face value of ₹10,00,000 rs on 01Dec21 to raise 50 crores. The debt instrument is issued with a coupon rate of GSEC 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 GSEC LINKED SECURED RATED LISTED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES XLVIII 2024.DATE OF MATURITY 01/12/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Dec21. Acuite Ratings And Research Limited has given PP-MLD A+ rating to this Debenture on 26Nov21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.