9.25% Patanjali Ayurved Limited - AA Rated (INE01IG07022)

Patanjali Ayurved Limited, a Packaged Foods company, has floated Debenture, having ISIN value as INE01IG07022, with a face value of ₹10,00,000 rs on 19May21 to raise 175 crores. The debt instrument is issued with a coupon rate of 9.25% 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 9.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT.DATE OF MATURITY 18/05/2024. 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 24May21. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given AA(CE) rating to this Debenture on 29Jul20. This issuer is formerly known as PATANJALI AYURVED PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.