14.25% Kaar Technologies India Private Limited (INE175X07011)

Kaar Technologies India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE175X07011, with a face value of ₹5,00,000 rs on 24Sep21 to raise 30 crores. The debt instrument is issued with a coupon rate of 14.25% 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 Secured Debenture is 14.25% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT.DATE OF MATURITY 30/09/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.