A. K. Capital Finance Limited - AA Rated (INE197P07300)

A. K. Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE197P07300, with a face value of ₹10,00,000 rs on 27Jun22 to raise 53 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE. SERIES MLD 2. DATE OF MATURITY 27/06/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 28Jun22. CARE RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 27Jun22. This issuer is formerly known as A. K. CAPITAL FINANCE PRIVATE LIMITED, GIRDHAR VANIJYA PRIVATE LIMTIED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.