5% Abt Industries Limited (INE475Y08011)

Abt Industries Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE475Y08011, with a face value of ₹10,00,000 rs on 31Oct17 to raise 17.5 crores. The debt instrument is issued with a coupon rate of 5% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 5% UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 1/ABTIL/CCD/2017-2018. DATE OF MATURITY 31OT22. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as THE GOUNDER AND COMPANY LIMITED, SRI BAGAVATHI TEA ESTATES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.