8.50% Emaar India Limited (INE451H08066)

Emaar India Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE451H08066, with a face value of ₹10,00,000 rs on 10May22 to raise 3257.2 crores. The debt instrument is issued with a coupon rate of 8.50% 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 8.50% UNSECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 30/04/2032. This instrument is issued in Private Placement (non-EBP) 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 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.