Fixed Alpha
A-

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Meghalaya Energy Corporation LTD

INE760I07086· Listed on BSE

0.00%

Yield

Tenure

6Y 6M 18D

Maturity Date

03 Apr 2033

Coupon Frequency

Quarterly

Face Value

₹1,00,000

Nature

Secured

Coupon Rate

10.55%

About the Issuer

Meghalaya Energy Corporation Limited (MeECL), a government-owned company, was established to manage Meghalaya's power sector, inheriting the functions of the erstwhile Meghalaya State Electricity Board, and is responsible for generating, transmitting, and distributing electricity across the state through its subsidiaries, including rural electrification efforts. MeECL is fully owned by the Government of Meghalaya, which provides operational and infrastructure support.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Coupon ladder isn’t available for this instrument yet.

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 17-Sep-2026

How to invest in this bond

Meghalaya Energy Corporation LTD

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE760I07086If that does not work, try its BSE scrip code:BSE974749
  2. Enter the quantity required.
  3. Enter the Price.A live price isn’t available for this bond right now — the yield you earn depends on the price you pay, so check the quote in your broker app before placing the order.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.