6% Future Corporate Resources Limited - D Rated (INE370I08017)

Future Corporate Resources Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE370I08017, with a face value of ₹10,00,000 rs on 08Jun16 to raise 196.8 crores. The debt instrument is issued with a coupon rate of 6% 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 Unsecured Debenture is 6% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 30/04/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given PP-MLD D rating to this Debenture on 01Apr20. This issuer is formerly known as PFH ENTERTAINMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.