13% Da Toll Road Private Limited (INE424M08022)

Da Toll Road Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE424M08022, with a face value of ₹100 rs on 31Dec20 to raise 1122.26545 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Quarterly. 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 13% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE . DATE OF CONVERSION 16/10/2038.. 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.