6.51% Sree Jayajothi Cements Private Limited - AA Rated (INE234P07038)

Sree Jayajothi Cements Private Limited, has floated Debenture, having ISIN value as INE234P07038, with a face value of ₹10,00,000 rs on 31Mar22 to raise 105 crores. The debt instrument is issued with a coupon rate of 6.51% and its interest is paid Monthly. 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 6.510% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES III.LETTEER OF ALLOTMENT.DATE OF MATURITY 31/03/2026. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 28Feb22. This issuer is formerly known as SREE JAYAJOTHI CEMENTS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.