Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07PS0, with a face value of ₹10,00,000 rs on 13Feb20 to raise 200 crores. The debt instrument is issued with a coupon rate of 10% 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 10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. STFCL FEB 2019-20 PP J-02 OPTION II. DATE OF MATURITY : 13/02/2023. 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 19Feb20. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 28Jan20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.