11.25% Emaar India Limited (INE451H07357)

Emaar India Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE451H07357, with a face value of ₹10,00,000 rs on 29May12 to raise 1360 crores. The debt instrument is issued with a coupon rate of 11.25% 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 11.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 3. DATE OF MATURITY 31/12/2019. 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. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 21May12. This issuer is formerly known as EMAAR MGF LAND LIMITED, EMAAR MGF LAND PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.