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This document provides key information related to the private placement of up to 85 rated, listed, unsecured, transferable, perpetual, non-convertible debentures by Hero FinCorp Limited. It outlines the terms of the issuance, credit ratings, financial details, and other relevant disclosures required by the Securities and Exchange Board of India (SEBI).
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A key information document (KID) is a standardized document that provides essential information about a financial product, intended to help investors understand the product's key features, risks, and potential returns.
Financial institutions and service providers that offer investment products, insurance-based investment products, and certain types of consumer credit are required to file a key information document.
To fill out a key information document, you need to provide specific details about the financial product, including its objectives, characteristics, risks, and costs. Follow standardized templates and guidelines provided by regulatory authorities to ensure compliance.
The purpose of the key information document is to ensure that investors have clear and comparable information when making investment decisions, thereby improving transparency and facilitating informed choices.
The information that must be reported includes the product's name, the manufacturer, the intended audience, risks and rewards, costs, and a summary of the key features of the product.
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