Bestech India Private Limited (INE902S07034)

Bestech India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE902S07034, with a face value of ₹10,00,000 rs on 19Jan21 to raise 59.7 crores. The debt instrument is issued with a coupon rate of HDFC LTD PLR LINK 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 HDFC LTD PLR LINKED SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 31/03/2022. This instrument is issued in Private Placement 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.