Update Regarding debt securities of Asirvad Microfinance Limited

• Notice No: 20200320-5
• Notice Date: 20 Mar 2020
• Category: Company related
• Segment: Debt

In continuation to the Exchange 20170113-21 dated 13 January 2017 regarding debt securities of Asirvad Microfinance Limited, Trading Members are requested to note that w.e.f. 23 March, 2020 the following Scrip Code bearing the following ISIN would be available for trading under the revised terms as below:

Scrip Code- 955527 and INE516Q08158

Covenant	Existing Terms	Modified Terms
Additional Interest Rate	If the rating of the company downgraded to A, additional interest rate of 0.25% over the interest rate shall be payable. If the rating of the company downgraded to A-, additional interest rate of 0.50% over the interest rate shall be payable.	Covenant waived

Trading Members may contact the following Officials for further details if any:

Name of the Officer	Contact details	Email Id
Mr. Akshay Arolkar	[phone]	[e-mail]

 

 

Rupal Khandelwal

Sr. Manager

March 20, 2020