14.37% Cravatex Brands Limited (INE01EF08021)

Cravatex Brands Limited, a Distributors company, has floated Debenture, having ISIN value as INE01EF08021, with a face value of ₹100 rs on 01Nov21 to raise 7.5 crores. The debt instrument is issued with a coupon rate of 14.37% and its interest is paid Quarterly. 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 14.37% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES.SERIES B.DATE OF MATURITY 31/10/2024. 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. This debt instrument is Unrated. This issuer is formerly known as MOONRAKER BRANDS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.