7.64% Ultratech Cement Limited - AAA Rated (INE481G08065)

Ultratech Cement Limited, a Cement & Cement Products company, has floated Debenture, having ISIN value as INE481G08065, with a face value of ₹10,00,000 rs on 04Jun19 to raise 250 crores. The debt instrument is issued with a coupon rate of 7.64% 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 7.64% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 04/06/2024. 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 07Jun19 & on BSE stock exchange on 07Jun19. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 31May19. 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.