Avaada Sunrise Energy Private Limited (INE06Z508036)

Avaada Sunrise Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE06Z508036, with a face value of ₹10 rs on 24Oct19 to raise 150 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 COMPULSORY CONVERTIBLE DEBENTURES. SERIES - II. DATE OF CONVERSION 23/10/2029. 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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.