RELIANCE HOME FINANCE LIMITED SR-M/31 TYPE I BR NCD 02DC19 FVRS5LAC - Defaulted in Redemption
Reliance Home Finance Limited
, a Housing Finance Company company, has floated Debenture,
having ISIN value as INE217K07984, with a face value of ₹5,00,000 rs on 01Dec16 to raise 5 crores. The debt instrument
is issued with a coupon rate of NIFTY 10 YR BENCHMARK G-SEC (CLEAN PRICE) 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 10 YR BENCHMARK G-SEC (CLEAN PRICE) INDEX LINKED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURE. RHFL M/31 TYPE I. DATE OF MATURITY 02/12/2019. 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 16Dec16. CARE Ratings Limited has given PP-MLD D rating to
this Debenture on 23Mar20. This issuer is formerly known as RELIANCE HOME FINANCE PRIVATE LIMITED, RELIANCE HOMES FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.