6.32% Century Textiles And Industries Limited - AA Rated (INE055A07104)

Century Textiles And Industries Limited, a Paper & Paper Products company, has floated Debenture, having ISIN value as INE055A07104, with a face value of ₹10,00,000 rs on 22Feb22 to raise 250 crores. The debt instrument is issued with a coupon rate of 6.32% 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 6.32% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES XIX. LETTER OF ALLOTMENT. DATE OF MATURITY 21/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 16Feb22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.