7% Ramasigns Industries Limited - D Rated (INE650D08013)

Ramasigns Industries Limited, a Trading & Distributors company, has floated Debenture, having ISIN value as INE650D08013, with a face value of ₹10,00,000 rs on 29Mar22 to raise 7.2 crores. The debt instrument is issued with a coupon rate of 7% and its interest is paid Monthly. 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% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/05/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 05Apr22. CARE RATINGS LIMITED has given D rating to this Debenture on 05Oct23. This issuer is formerly known as RAMMAICA INDIA LIMITED, RAM DECORATIVE AND INDUSTRIAL LAMINATES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.