Royal Sundaram General Insurance Co. Limited, a Finance company, has floated Debenture, having ISIN value as INE499S08039, with a face value of ₹10,00,000 rs on 27Sep21 to raise 76 crores. The debt instrument is issued with a coupon rate of 7.85% and its interest is paid Annually. 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 7.85% UNSECURED RATED LISTED SUBORDINATED TIER 1 NON CONVERTIBLE DEBENTURE.SERIES 3.DATE 27/09/2031. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 01Oct21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 27Sep21. This issuer is formerly known as ROYAL SUNDARAM ALLIANCE INSURANCE COMPANY LIMITED, ROYAL SUNDARAM ALLIANCE INSURANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.