8.09% Shriram City Union Finance Limited (INE722A07786)

Shriram City Union Finance Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE722A07786, with a face value of ₹10,00,000 rs on 05Dec17 to raise 200 crores. The debt instrument is issued with a coupon rate of 8.09% 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 Secured Debenture is 8.09% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VII TRANCHE 8. DATE OF MATURITY 05/12/2022. 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 21Dec17. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.