Usher Agro Ltd, a Basic Materials company, has floated Debenture, having ISIN value as INE235G08016, with a face value of ₹10,000 rs on 23Dec15 to raise 50.325 crores. The debt instrument is issued with a coupon rate of 11% 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 Unsecured Debenture is 11% UNSECURED NON CONVERTIBLE DEBENTURES.SERIES I. LETTER OF ALLOTMENT DATE OF MATURITY 22/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 06Jan16. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB(SO) rating to this Debenture on 04Dec15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.