7.30% Sterlite Technologies Limited (INE089C07117)

Sterlite Technologies Limited, a Other Telecom Services company, has floated Debenture, having ISIN value as INE089C07117, with a face value of ₹10,00,000 rs on 31Mar21 to raise 150 crores. The debt instrument is issued with a coupon rate of 7.30% 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 Secured Debenture is 7.30% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 29/03/2024. 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 05Apr21. CRISIL RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 24Mar21. This issuer is formerly known as STERLITE OPTICAL TECHNOLOGIES LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.