Shriram City Union Finance Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE722A07AT8, with a face value of ₹10,00,000 rs on 30Mar21 to raise 200 crores. The debt instrument is issued with a coupon rate of G SEC LINK 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 10 YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES XXIII. TRANCHE 02. DATE OF MATURITY 30/03/2023. 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 31Mar21. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AA+r rating to this Debenture on 23Mar21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.