CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SR-PDI 18 RR LOA PERPETUAL FVRS10LAC
Cholamandalam Investment And Fin. Co. Ltd
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE121A08NT4, with a face value of ₹10,00,000 rs on 09Jul14 to raise 17.4 crores. The debt instrument
is issued with a coupon rate of RESET RATE (REFER REMAKRS) and its interest is paid
Annually. 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 PERPETUAL UNSECURED NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES PDI 18. 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 25Jul14 & on BSE stock exchange on 25Jul14. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to
this Debenture on 11Dec20. This issuer is formerly known as CHOLAMANDALAM DBS FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.