12% Muthoot Fincorp Limited - A Rated (INE549K08145)

Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K08145, with a face value of ₹5,00,000 rs on 02Nov17 to raise 24 crores. The debt instrument is issued with a coupon rate of 12% 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 12% UNSECURED LISTED PERPETUAL NON CONVERTIBLE DEBENTURES. SERIES 6. LETTER OF ALLOTMENT. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Dec17. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 28Apr23. This issuer is formerly known as MUTHOOT DEBT MANAGEMENT SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.