Tata Capital Financial Services Limited - AAA Rated (INE306N07NB4)

Tata Capital Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE306N07NB4, with a face value of ₹10,00,000 rs on 19Sep22 to raise 43 crores. The debt instrument is issued with a coupon rate of GSEC LINKED 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE. SERIES TCFSL MARKET LINKED NCD A FY 2022-23. DATE OF MATURITY 19/08/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 21Sep22. CRISIL RATINGS LIMITED has given PP-MLD AAA rating to this Debenture on 24Aug22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.