10.50% Veritas Finance Private Limited - A Rated (INE448U07182)

Veritas Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE448U07182, with a face value of ₹10,00,000 rs on 12Jul21 to raise 30 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid Quarterly. 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 10.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 12. DATE OF MATURITY 12/07/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 14Jul21. CARE RATINGS LIMITED has given A rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.