15% Devadarshini Info Technologies Pvt Ltd (INE515R07036)

Devadarshini Info Technologies Pvt Ltd, a Utilities company, has floated Debenture, having ISIN value as INE515R07036, with a face value of ₹10,00,000 rs on 19Sep17 to raise 57 crores. The debt instrument is issued with a coupon rate of 15% 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 Secured Debenture is 15% SECURED UNLISTED REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/09/2022. This instrument is issued in Private Placement 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.