Ashiana Housing Limited - A Rated (INE365D08034)

Ashiana Housing Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE365D08034, with a face value of ₹10,00,000 rs on 20Jul22 to raise 26.4 crores. The debt instrument is issued with a coupon rate of RESET RATE - THE INTEREST RATE IS 8% WHICH MAY BE VARIED IN ACCORDANCE WITH THE RESET PROCESS SET OUT IN THE DEBENTURE TRUST DEED EXECUTED ON 21/06/2022. FOR MORE DETAILS PLEASE CONTACT TO ISSUER. 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 Unsecured Debenture is RESET RATE UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 19/07/2042. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 25Jul22. CARE RATINGS LIMITED has given A rating to this Debenture on 20Jun22. This issuer is formerly known as ASHIANA HOUSING & FINANCE (INDIA) Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.