Duet India Hotels (hyderabad) Private Limited (INE040O08048)

Duet India Hotels (hyderabad) Private Limited, has floated Debenture, having ISIN value as INE040O08048, with a face value of ₹10 rs on 13May19 to raise 58.74691 crores. The debt instrument is issued with a coupon rate of SBI BASE RATE PLUS 300BPS 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 SBI BASE RATE + 300 BASIS POINTS UNSECURED UNLISTED FULLY COMPULSORY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 30/04/2029. 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. This issuer is formerly known as COGENT HOTELS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.