Aditya Medisales Limited - AA Rated (INE519S07036)

Aditya Medisales Limited, a Pharmaceuticals company, has floated Debenture, having ISIN value as INE519S07036, with a face value of ₹10,00,000 rs on 13Feb20 to raise 300 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid on Maturity. 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 Secured Debenture is ZERO COUPON SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/02/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 19Feb20. Acuite Ratings And Research Limited has given AA+(CE) rating to this Debenture on 03Feb20. This issuer is formerly known as ADITYA MEDISALES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.