Suguna Foods Private Limited - BBB Rated (INE0DLQ07014)

Suguna Foods Private Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE0DLQ07014, with a face value of ₹1,00,000 rs on 20Jul20 to raise 294 crores. The debt instrument is issued with a coupon rate of MIBOR LINKED (REFER REMARKS) 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 MIBOR LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 15/05/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BBB+ rating to this Debenture on 29Sep23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.