18% Edward Food Research & Analysis Centre Limited - B Rated (INE008V07026)

Edward Food Research & Analysis Centre Limited, a Industrial company, has floated Debenture, having ISIN value as INE008V07026, with a face value of ₹10,000 rs on 16Jun16 to raise 35.175 crores. The debt instrument is issued with a coupon rate of 18% 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 Secured Debenture is 18% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/09/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given B- rating to this Debenture on 12Jan23. This issuer is formerly known as EDWARD KEVENTER LIFE SCIENCE LIMITED, EDWARD KEVENTER LIFE SCIENCE PRIVATE LIMITED, EDWARD KEVENTER PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.