11% Sical Logistics Limited - D Rated (INE075B07027)

Sical Logistics Limited, a Utilities company, has floated Debenture, having ISIN value as INE075B07027, with a face value of ₹10,00,000 rs on 27Jun16 to raise 100 crores. The debt instrument is issued with a coupon rate of 11% 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 11% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 26Jul16 & on BSE stock exchange on 26Jul16. ICRA LIMITED has given D rating to this Debenture on 29Dec23. This issuer is formerly known as SOUTH INDIA CORP (AGENCIES) LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.