11% SICAL MULTIMODAL AND RAIL TRANSPORT LIMITED 31Mar23 Debenture

SICAL MULTIMODAL AND RAIL TRANSPORT LIMITED, a Utilities company, has floated Debenture, having ISIN value as INE183X07064, with a face value of ₹10,00,000 rs on 31Mar17 to raise 35 crores. The debt instrument is issued with a coupon rate of 11% 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 11.% SECURED GUARANTEED SENIOR TAXABLE NON CUMULATIVE RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. STRPP 5. DATE OF MATURITY 31/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 20Apr17. ICRA LIMITED has given D rating to this Debenture on 04Apr23. This issuer is formerly known as SICAL MULTIMODEL AND RAIL TRANSPORT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.