0% Reliance Capital Limited - D Rated (INE013A076M2)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A076M2, with a face value of ₹10,00,000 rs on 06Apr17 to raise 450 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES FB-NCD-375. DATE OF MATURITY 29/05/2020. 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 20Apr17. CARE Ratings Limited has given D rating to this Debenture on 06Apr17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.