BOND DETAILS

Sterlite Technologies Limited 8.25% Bond · 25 Mar 2031

INE089C07109SecuredReported as listed
Annual coupon rate8.25%On face value · not yield
Maturity date25 Mar 2031
4.5 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
AA-CRISIL RATINGS LIMITED · 8 Mar 2021

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹10,00,000
Allotment date
25 Mar 2021
Security
Secured
Seniority
Senior
Day-count convention
Not available
Reported tax category
Taxable

Interest & repayment

Interest payments

PAYABLE ANNUALLY ON 24/03/2022, 24/03/2023 AND SO ON TILL MATURITY

Redemption terms

Full Redemption

Call provisions

Call terms are not available. Check whether the issuer can repay the bond early.

Put provisions

AT ANY TIME AFTER END OF THE 7TH YEAR FROM THE DEEMED DATE OF ALLOTMENT, THE DEBENTURE HOLDERS SHALL UPON DELIVERING A PRIOR WRITTEN NOTICE OF AT LEAST 30 DAYS TO THE DEBENTURE TRUSTEE SHALL REDEEM ALL OR PART OF THE DEBENTURES. WITHIN 30 DAYS OF RECEIPT OF THE MANDATORY REDEMPTION NOTICE THE ISSUER SHALL REDEEM SUCH DEBENTURES AS SET OUT IN THE MANDATORY REDEMPTION NOTICE BY PAYING THE APPLICABLE MANDATORY REDEMPTION AMOUNT. FOR MORE DETAILS CONTACT ISSUER.

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
CRISIL RATINGS LIMITEDAA-8 Mar 2021Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Sterlite Technologies Limited
ISIN
INE089C07109
Debenture trustee
Axis Trustee Services Limited
Registrar
KFIN TECHNOLOGIES PRIVATE LIMITED
NSE · reported status
To be listed
BSE · reported status
Listed
Security name
STERLITE TECHNOLOGIES LIMITED 8.25 NCD 25MR31 FVRS10LAC
Bond description
8.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 25/03/2031