Muthoot Microfin Limited
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE046W07164, with a face value of ₹10,00,000 rs on 25Mar22 to raise 100 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 LISTED RATED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/09/2023. 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 30Mar22. CRISIL RATINGS LIMITED has given PP-MLD A+ rating to
this Debenture on 23Mar22. This issuer is formerly known as PANCHRATNA SECURITIES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES LIMITED, PANCHARATNA STOCK & INVESTMENT CONSULTANCY SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.