Akshaya Signature Homes Private Limited (INE170P07034)

Akshaya Signature Homes Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE170P07034, with a face value of ₹1,00,000 rs on 28Nov18 to raise 40 crores. The debt instrument is issued with a coupon rate of 12% UPTO 30-SEP-20 & FROM 01-OCT-20 TO 30-SEP-21 14% and its interest is paid Quarterly. 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 RESET RATE SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 30/09/2021. This instrument is issued in Private Placement mode. It has Compounding 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.