Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07QH1, with a face value of ₹10,00,000 rs on 30Apr21 to raise 1000 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) and its interest is paid Semi 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 RESET RATE SECURED RATED LISTED NON - CONVERTIBLE DEBENTURE.SERIES - STFCL APR 2021-22 PP K-02. DATE OF MATURITY - 28/04/2023. 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 04May21. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 07Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.