2% Assets Care & Reconstruction Enterprise Limited (INE296J08152)

Assets Care & Reconstruction Enterprise Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE296J08152, with a face value of ₹1,000 rs on 28Jun22 to raise 80.9625 crores. The debt instrument is issued with a coupon rate of 2% and its interest is paid Monthly. 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 2% UNSECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE I. DATE OF MATURITY 30/04/2031.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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 ASSETS CARE ENTERPRISE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.