10.4%. If the company fails to issue any of the series B debentures, series C debentures, and/or the series D debentures in accordance with the respective offered schedule, the coupon rate will be increased by 5%. If the initial debenture holders fails to subscribe to any series of the debentures in accordance with the respective offer schedule, the coupon rate will be decreased by 5%.

Vastu Housing Finance Corporation Limited - INE459T07090

Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.