D S Kulkarni Developers Ltd. (INE891A07037)

D S Kulkarni Developers Ltd., a Utilities company, has floated Debenture, having ISIN value as INE891A07037, with a face value of ₹5,000 rs on 06Sep14 to raise 23.4255 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. OPTION II. DATE OF MATURITY 06/03/2020. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 10Sep14. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 26Feb18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.