8.30% Arka Fincap Limited - AA Rated (INE03W107090)

Arka Fincap Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03W107090, with a face value of ₹10,00,000 rs on 09Feb22 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.30% 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 Secured Debenture is 8.3% SECURED RATED LISTED REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. SERIES VIII. DATE OF MATURITY 09/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 27Jan22. This issuer is formerly known as KIRLOSKAR CAPITAL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.