Assets Care & Reconstruction Enterprise Limited (INE296J07113)

Assets Care & Reconstruction Enterprise Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE296J07113, with a face value of ₹74,904 rs on 17Dec18 to raise 277.34 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED UNLISTED UNRATED NON PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 16/12/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as ASSETS CARE ENTERPRISE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.