11.50% Brd Securities Ltd (INE04WF07151)

Brd Securities Ltd, a Utilities company, has floated Debenture, having ISIN value as INE04WF07151, with a face value of ₹1,000 rs on 01Aug11 to raise 2.4466 crores. The debt instrument is issued with a coupon rate of 11.50% and its interest is paid Annually. 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 11.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES AO - ANNUALLY. DATE OF MATURITY 01/08/2021. 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.