7.90% Sis Limited - AA Rated (INE285J07041)

Sis Limited, a Utilities company, has floated Debenture, having ISIN value as INE285J07041, with a face value of ₹10,00,000 rs on 30Mar21 to raise 190 crores. The debt instrument is issued with a coupon rate of 7.90% 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 Secured Debenture is 7.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/03/2023. 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 31Mar21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 25Mar21. This issuer is formerly known as SECURITY AND INTELLIGENCE SERVICES INDIA LTD, SECURITY & INTELLIGE SERV (I) P LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.