ECL Finance Limited NCD Details
The NCDs proposed to be issued under this Issue have been rated “CARE AA; Positive” and “CRISIL AA/Stable”
About the company:
It is Incorporated in 2005, ECL Finance Limited is one of the leading systematically important non-deposit taking NBFCs, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to suit the needs of the corporate, SMEs and individuals. The company’s loan product portfolio includes:
Structure Collateralized Credit
SMEs and others
Loans against securities
Public issue of secured redeemable, Non-Convertible Debentures.
Objective of NCD ECL Finance Limited NCD:
For the purpose of onward lending and for repayment of interest and principal of existing loans.
For General Corporate purposes.
Promoters of the Company:
The promoter is Edelweiss Financial Services Limited.
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