Save Microfinance Private Limited - BBB Rated (INE0JAH07013)

Save Microfinance Private Limited, has floated Debenture, having ISIN value as INE0JAH07013, with a face value of ₹10,00,000 rs on 17Sep21 to raise 20 crores. The debt instrument is issued with a coupon rate of 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 INDEX LINKED SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 31/10/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given PP-MLD BBB rating to this Debenture on 17Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.