Creditaccess Grameen Limited
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE741K08031, with a face value of ₹10,00,000 rs on 28Mar17 to raise 200 crores. The debt instrument
is issued with a coupon rate of 13.5% (NET OF ALL WITHHOLDING TAXES) 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 13.50% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF CONVERSION 31/03/2021. This instrument is issued in Private Placement mode. It has Simple 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 GRAMEEN KOOTA FINANCIAL SERVICES LIMITED, GRAMEEN KOOTA FINANCIAL SERVICES PRIVATE LIMITED, GRAMEEN FINANCIAL SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.