7.62% Summit Digitel Infrastructure Limited - AAA Rated (INE507T07088)

Summit Digitel Infrastructure Limited, a Telecom - Infrastructure company, has floated Debenture, having ISIN value as INE507T07088, with a face value of ₹10,00,000 rs on 22Nov21 to raise 1000 crores. The debt instrument is issued with a coupon rate of 7.62% and its interest is paid Quarterly. 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 7.62% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. MATURITY DATE 22/11/2030. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 23Nov21. CARE RATINGS LIMITED has given AAA rating to this Debenture on 22Nov21. This issuer is formerly known as SUMMIT DIGITEL INFRASTRUCTURE PRIVATE LIMITED, RELIANCE JIO INFRATEL PRIVATE LIMITED, RELIANCE JIO PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.