10.10% Patanjali Ayurved Limited - AA Rated (INE01IG07014)

Patanjali Ayurved Limited, a Packaged Foods company, has floated Debenture, having ISIN value as INE01IG07014, with a face value of ₹10,00,000 rs on 29May20 to raise 250 crores. The debt instrument is issued with a coupon rate of 10.10% and its interest is paid Semi 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 Secured Debenture is 10.10% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE 1 2023. DATE OF MATURITY 28/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Jul20. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given AA- rating to this Debenture on 14Mar20. This issuer is formerly known as PATANJALI AYURVED PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.