11% J.k.cement Limited (INE823G07169)

J.k.cement Limited, a Utilities company, has floated Debenture, having ISIN value as INE823G07169, with a face value of ₹8,00,000 rs on 09Oct13 to raise 40 crores. The debt instrument is issued with a coupon rate of 11% 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 11% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE.SERIES I. DATE OF MATURITY 09/10/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 18Oct13. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 09Oct13. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.