Market Linked Debentures



"Incred Financial Services Limited issues Rated, Listed, Secured, Redeemable, Principal Protected Non-Convertible Market Linked Debentures (MLDs) that have features of debt.


Please review the relevant offer document / memorandum of private placement relating to the specific MLDs for details on the MLDs including their risk factors.


As per the Guidelines for Issue and Listing of Structured Products / Market Linked Debentures dated September 28, 2011 (Guidelines) issued by the SEBI, Incred Financial Services Limited has appointed CARE Ratings Limited (CARE) as the third-party valuation agency for these MLDs.


The latest and historical valuations provided by the CARE are available on the link mentioned below:
http://www.careratings.com/mld-valuation/Index.aspx