13% Dbl Mundargi Harapanahalli Tollways Limited (INE469U07014)

Dbl Mundargi Harapanahalli Tollways Limited, a Utilities company, has floated Debenture, having ISIN value as INE469U07014, with a face value of ₹1,00,000 rs on 23Sep21 to raise 28.05 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Monthly. 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 13% SECURED UNLISTED UNRATED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT. DATE OF MATURITY 31/10/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity 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.