14.10% Brigade Properties Private Limited (INE454S08026)

Brigade Properties Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE454S08026, with a face value of ₹10,00,000 rs on 05Jul17 to raise 50 crores. The debt instrument is issued with a coupon rate of 14.10% 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 Unsecured Debenture is 14.10% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 04/07/2024. 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.