Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07QA6, with a face value of ₹10,00,000 rs on 11Nov20 to raise 160 crores. The debt instrument is issued with a coupon rate of BASE RATE- REFER REMARKS 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 G-SEC LINKED SECURED SENIOR RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. STFCL NOV 2020-21 PPML COV BOND 01. DATE OF MATURITY : 09/01/2025.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 25Nov20 & on BSE stock exchange on 26Nov20. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AAA r (CE) rating to this Debenture on 10Nov20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.