7.23% Suguna Foods Private Limited - BBB Rated (INE0DLQ07048)

Suguna Foods Private Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE0DLQ07048, with a face value of ₹1,00,000 rs on 29Sep21 to raise 36.68 crores. The debt instrument is issued with a coupon rate of 7.23% 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 7.23% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 29/09/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB+ rating to this Debenture on 06Nov23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.