12% Brigade Properties Private Limited - A Rated (INE454S08083)

Brigade Properties Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE454S08083, with a face value of ₹10,00,000 rs on 20Mar15 to raise 49 crores. The debt instrument is issued with a coupon rate of 12% 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 12% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 19/03/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A- rating to this Debenture on 28Nov23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.