5% Biocon Biologics Limited (INE597V08018)

Biocon Biologics Limited, a Utilities company, has floated Debenture, having ISIN value as INE597V08018, with a face value of ₹1,00,00,000 rs on 09Dec20 to raise 1125 crores. The debt instrument is issued with a coupon rate of 5% and its interest is paid on Maturity. 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 5% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 08/01/2026.. This instrument is issued in Private Placement mode. It has Compounding 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 BIOCON BIOLOGICS INDIA LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.