6.40% Kribhco Fertilizers Limited - AA Rated (INE486H08054)

Kribhco Fertilizers Limited, a Fertilizers company, has floated Debenture, having ISIN value as INE486H08054, with a face value of ₹10,00,000 rs on 28Dec21 to raise 70 crores. The debt instrument is issued with a coupon rate of 6.40% 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 Debenture is 6.40% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 28/12/2024.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 30Dec21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 20Dec21. This issuer is formerly known as KRIBHCO SHYAM FERTILIZERS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.