7.95% Century Textiles And Industries Limited - AA Rated (INE055A07096)

Century Textiles And Industries Limited, a Paper & Paper Products company, has floated Debenture, having ISIN value as INE055A07096, with a face value of ₹10,00,000 rs on 04Feb20 to raise 400 crores. The debt instrument is issued with a coupon rate of 7.95% and its interest is paid 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 Secured Debenture is 7.95% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES XVIII. LETTER OF ALLOTMENT. DATE OF MATURITY 04/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Feb20. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 28Jan20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.