6.68% Ultratech Cement Limited - AAA Rated (INE481G08081)

Ultratech Cement Limited, a Cement & Cement Products company, has floated Debenture, having ISIN value as INE481G08081, with a face value of ₹10,00,000 rs on 20Feb20 to raise 250 crores. The debt instrument is issued with a coupon rate of 6.68% 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 Unsecured Debenture is 6.68% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 20/02/2025. 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 25Feb20 & on NSE stock exchange on 25Feb20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 11Feb20. This issuer is formerly known as ULTRATECH CEMCO LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.