Dharamshala Ropeway Limited (INE02VL08047)

Dharamshala Ropeway Limited, a Utilities company, has floated Debenture, having ISIN value as INE02VL08047, with a face value of ₹10 rs on 28Aug20 to raise 3 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 30/07/2025. This instrument is issued in Rights Issue 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.