Reliance Capital Limited - D Rated (INE013A072R0)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A072R0, with a face value of ₹1,00,000 rs on 23Mar18 to raise 25 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 NIFTY 50 INDEX LINKED SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. RCL MLD SERIES B/436 TYPE II. DATE OF MATURITY 24/06/2020. 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 12Apr18. CARE RATINGS LIMITED has given PP-MLD D rating to this Debenture on 23Mar18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.