0% Avaada Solar Energy Private Limited (INE00Q508041)

Avaada Solar Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00Q508041, with a face value of ₹10 rs on 21Jul18 to raise 175 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 Unsecured Debenture is ZERO COUPON UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. FCCD-IV LOT. DATE OF CONVERSION 20/07/2028. 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 WELSPUN SOLAR ENERGY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.