6.95% Kribhco Fertilizers Limited - AA Rated (INE486H08047)

Kribhco Fertilizers Limited, a Fertilizers company, has floated Bond, having ISIN value as INE486H08047, with a face value of ₹10,00,000 rs on 17Aug21 to raise 95 crores. The debt instrument is issued with a coupon rate of 6.95% 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 Unsecured Bond is 6.95% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE NON-CUMULATIVE TAXABLE BONDS IN THE NATURE OF NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 17/08/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 18Aug21. CRISIL RATINGS LIMITED has given AA rating to this Bond on 05Aug21. This issuer is formerly known as KRIBHCO SHYAM FERTILIZERS LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.