7.17% Reliance Industries Limited - AAA Rated (INE002A08500)

Reliance Industries Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE002A08500, with a face value of ₹10,00,000 rs on 08Nov17 to raise 5000 crores. The debt instrument is issued with a coupon rate of 7.17% 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 7.17% UNSECURED LISTED REDEEMABLE NON CONVERTIBLEDEBENTURES. SERIES D. LETTER OF ALLOTMENT. DATE OF MATURITY 08/11/2022. 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 13Nov17 & on NSE stock exchange on 13Nov17. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 01Nov17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.